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CPFL Energia S.A. (CPL) Reaches $12.43 After 8.00% Down Move; Nuveen Pennsylvania Investment Quality Municipal Fund (NQP)’s Sentiment Is 0.83

The stock of CPFL Energia S.A. (NYSE:CPL) is a huge mover today! The stock decreased 2.74% or $0.35 during the last trading session, reaching $12.43. About 140,629 shares traded. CPFL Energia S.A. (NYSE:CPL) has risen 54.85% since January 14, 2017 and is uptrending. It has outperformed by 38.15% the S&P500.The move comes after 8 months negative chart setup for the $6.60 billion company. It was reported on Jan, 14 by Barchart.com. We have $11.44 PT which if reached, will make NYSE:CPL worth $527.84 million less.

The stock decreased 0.15% or $0.02 during the last trading session, reaching $13.09. About 30,859 shares traded. Nuveen Pennsylvania Quality Municipal Income Fund (NQP) has declined 8.88% since January 14, 2017 and is downtrending. It has underperformed by 25.58% the S&P500.

CPFL Energia S.A., together with its subsidiaries, generates, transmits, distributes, and commercializes electricity to residential, industrial, and commercial clients in Brazil. The company has market cap of $6.60 billion. The firm generates electricity through wind, biomass-powered thermal, solar, and hydroelectric power plants. It has a 24.09 P/E ratio. It also makes, commercializes, rents, and maintains electro-mechanical equipment; and offers administrative, call center, collection, IT, telecommunication, energy transmission, and energy efficiency management services, as well as maintenance services for energy generation companies.

Brick & Kyle Associates holds 0.62% of its portfolio in Nuveen Pennsylvania Quality Municipal Income Fund for 56,152 shares. Mackay Shields Llc owns 563,000 shares or 0.28% of their US portfolio. Moreover, Benchmark Capital Advisors has 0.17% invested in the company for 16,600 shares. The Pennsylvania-based Wealthtrust Axiom Llc has invested 0.1% in the stock. Hudock Capital Group Llc, a Pennsylvania-based fund reported 12,355 shares.

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