Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the United States.
IPO Year: 2009
Exchange: NYSE
Website: tortoiseadvisors.com/TPZ.cfm
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/2/2022 | $22.50 → $25.00 | Outperform | RBC Capital |
RBC Capital reiterated coverage of Topaz Energy with a rating of Outperform and set a new price target of $25.00 from $22.50 previously
RBC Capital upgraded Tortoise Power & Energy from Sector Perform to Outperform and set a new price target of $19.00 from $17.50 previously