Evercore ISI Group Upgrades Pinnacle West Capital to In-Line, Announces $78 Price Target
Portfolio Pulse from richadhand@benzinga.com
Evercore ISI Group analyst Durgesh Chopra has upgraded Pinnacle West Capital (NYSE:PNW) from Underperform to In-Line and set a price target of $78.
August 11, 2023 | 1:21 pm
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Pinnacle West Capital has been upgraded from Underperform to In-Line by Evercore ISI Group, with a new price target of $78.
The upgrade from Underperform to In-Line indicates a more positive outlook for Pinnacle West Capital from Evercore ISI Group. The new price target of $78 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a short-term increase in the stock price.
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