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Cleco Corporation operates as a public utility holding company primarily in Louisiana.View CNL
Cleco Corp - CNL - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Cleco Corp as a
Buy with a ratings score of B.
Report Snippet: We rate CLECO CORP (CNL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. We feel its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.