OGE Energy Shares Drop 1.9% as Barclays Cuts Rating to Equal Weight

OGE Energy Corp. (OGE) shares fell 1.9% in Monday trading after Barclays lowered its rating on the utility to Equal Weight from Overweight, with a $48 price target. Barclays said progress on an Oklahoma request for proposals was already reflected in OGE Energy’s share price. The 1.9% move was reported during trading on Oct. 19, not as a confirmed closing decline. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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