Morgan Stanley Reiterates Overweight on CenterPoint Energy, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an Overweight rating on CenterPoint Energy (NYSE:CNP) and maintained a $30 price target.
July 21, 2023 | 1:33 pm
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CenterPoint Energy's stock rating has been reiterated as Overweight by Morgan Stanley, with a maintained price target of $30.
The reiteration of an Overweight rating by a major financial institution like Morgan Stanley indicates a positive outlook for CenterPoint Energy. This could potentially lead to an increase in investor confidence and a positive impact on the stock's short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100