UPDATE: Deutsche Bank Initiates Dynegy with Sell on Unsupported Valuation
July 02, 2013 at 13:18 PM EDT
In a report published Tuesday, Deutsche Bank analyst Keith Stanley initiated coverage on Dynegy (NYSE: DYN ) with a Sell rating and $17.00 price target. In the report, Deutsche Bank noted, “DYN is a competitive generator that offers unique exposure to MISO through a long duration option on market recovery