Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) and lowers the price target from $76 to $73.
June 23, 2023 | 2:10 pm
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Morgan Stanley maintains an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) and lowers the price target from $76 to $73.
The news directly pertains to Pinnacle West Capital (NYSE:PNW) as Morgan Stanley maintains an Equal-Weight rating on the stock and lowers the price target from $76 to $73. This may cause some short-term uncertainty among investors, but the overall impact is neutral as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100