UPDATE: Jefferies Upgrades OGE Energy to Buy on Two Free Earnings Options

In a report published Friday, Jefferies analyst Paul B. Fremont upgraded the rating on OGE Energy (NYSE: OGE ) from Hold to Buy, and raised the price target from $74.00 to $76.00. In the report, Jefferies noted, “We are upgrading OGE to Buy from Hold based on our view that the