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CPFL Energia S.A. Enters Oversold Territory

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CPFL Energia S.A.’s share price has entered into oversold territory with an RSI value of 29.70. The Zacks Consensus Estimate on CPFL Energia S.A.’s earnings for the full year period have moved higher by 14 cents over the past two months to $1.27 per share. Currently, CPFL Energia S.A. is a Zacks #1 Rank (“Strong Buy”), suggesting that now might be a good time to get in on after its recent drop.

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