France's Nuclear Champion Sacrificed to Stave Off Energy Crisis [Financial Post (Toronto, Ontario, Canada)]
Equitable Holdings, Inc. (EQH)
Last equitable holdings, inc. earnings: 2/26 04:15 pm
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Source: Financial Post
High energy prices are bearing down on Europe's economy like a freight train, and France just pushed its largest electricity producer into the path of the collision. The government will force Electricite de France SA to sell more power at a steep discount, costing the utility almost $9 billion. The move will protect households and small businesses from surging energy prices, boosting both the economy and the political fortunes of President Emmanuel Macron — at the risk of breaking the backbone of the country's energy policy. Advertisement Article content It's not surprising that France should lean on EDF in a time of dire need — the company has been the nation's key power supplier for decades. Its fleet of reactors has delivered enough cheap and clean electricity to meet domestic needs, while also exporting to neighboring countries. The French government decided that it “must protect consumers, and that will done at the expense of EDF,” said Xavier Regnard, an analyst at Br
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EQH
News
- Equitable Holdings, Inc. (NYSE: EQH) had its price target raised by analysts at Morgan Stanley from $39.00 to $41.00. They now have an "overweight" rating on the stock.MarketBeat
- Equitable Holdings, Inc. (NYSE: EQH) had its price target raised by analysts at Evercore ISI from $42.00 to $46.00. They now have an "outperform" rating on the stock.MarketBeat
- Equitable Holdings, Inc. (NYSE: EQH) had its price target raised by analysts at Wells Fargo & Company from $43.00 to $46.00. They now have an "overweight" rating on the stock.MarketBeat
- Equitable Holdings, Inc. (NYSE: EQH) had its price target raised by analysts at Keefe, Bruyette & Woods from $39.00 to $41.00. They now have a "market perform" rating on the stock.MarketBeat
- Equitable Survey Reveals Three-Quarters of Americans Feel Their Money Does Not Stretch as Far as It Did a Year Ago [Yahoo! Finance]Yahoo! Finance
EQH
Earnings
- 2/6/24 - Beat
EQH
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/9/24 - Form ARS
- EQH's page on the SEC website