Morgan Stanley Maintains Overweight on Exelon, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on Exelon (NASDAQ:EXC) but lowers the price target from $49 to $48.
May 22, 2023 | 12:17 pm
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Morgan Stanley maintains an Overweight rating on Exelon, but lowers the price target from $49 to $48.
Morgan Stanley's lowered price target on Exelon may have a neutral short-term impact on the stock price. While the Overweight rating indicates a positive outlook, the reduced price target may cause some investors to reevaluate their positions. However, the change is relatively small, and the overall outlook remains positive.
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IMPORTANCE 80
RELEVANCE 100