OGE Energy Corp. (NYSE:OGE) is highlighted in the “Dividend Contenders List: Top 20 Stocks” and is the focus of RBC Capital’s reevaluation of utility capital plans. The firm raised OGE’s price target to $51 from $49, citing frequent changes in capital deployment plans within the sector.

BMO Capital recently initiated coverage of OGE Energy with a Market Perform rating and a $45 price target. The firm sees opportunities for capital investment due to generation capacity needs but notes regulatory and political tail risks. OGE primarily provides electricity in Oklahoma and western Arkansas through its electric utility business.

While OGE Energy Corp. shows potential as an investment, some AI stocks may offer greater upside potential and less downside risk. Investors are advised to consider other options for potential growth. The company’s operations are reported through its electric utility business segment.

Read more at Yahoo Finance: OGE Energy Corp. (OGE) in Focus as RBC Capital Reassesses Utility Capital Plans