MGE ENERGY INC (MGEE) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of MGE ENERGY INC (MGEE) from NEUTRAL to OUTPERFORM on May 13, 2013, with a target price of $57.20.

MGE Energy is a public utility holding company. Its principal subsidiary, MGE, generates and distributes electricity to more than 128,000 customers in Dane County, Wisconsin (250 square miles) and purchases, transports and distributes natural gas to nearly 123,000 customers in seven south-central and western Wisconsin counties (1,375 square miles). (Press Release)

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