Mizuho Upgrades Pinnacle West Capital to Buy, Raises Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Anthony Crowdell has upgraded Pinnacle West Capital (NYSE:PNW) from Neutral to Buy and raised the price target from $78 to $85.
August 22, 2023 | 9:52 am
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Pinnacle West Capital's stock has been upgraded to Buy from Neutral by Mizuho, with a raised price target of $85, up from $78.
The upgrade from Neutral to Buy indicates a positive outlook for Pinnacle West Capital. The raised price target suggests that the analyst believes the stock has potential for growth, which could lead to an increase in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100