Barclays Initiates Coverage On Pinnacle West Capital with Overweight Rating, Announces Price Target of $81
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on Pinnacle West Capital (NYSE:PNW) with an Overweight rating and a price target of $81.
August 23, 2023 | 9:29 am
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Pinnacle West Capital has been given an Overweight rating by Barclays with a price target of $81.
The Overweight rating from Barclays indicates a positive outlook for Pinnacle West Capital. The price target of $81 suggests that Barclays believes the stock has significant upside potential. This could lead to increased investor interest and a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100