Barclays Initiates Coverage On CenterPoint Energy with Underweight Rating, Announces Price Target of $28
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on CenterPoint Energy (NYSE:CNP) with an Underweight rating and a price target of $28.
August 23, 2023 | 9:08 am
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Barclays has initiated coverage on CenterPoint Energy with an Underweight rating and a price target of $28.
The Underweight rating from Barclays indicates a negative outlook for CenterPoint Energy. This could potentially lead to a decrease in the stock's price in the short term. The price target of $28 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100