Morgan Stanley Maintains Overweight on Exelon, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on Exelon (NASDAQ:EXC) but lowered the price target from $47 to $44.

August 23, 2023 | 1:50 pm
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Exelon's price target has been lowered from $47 to $44 by Morgan Stanley, though the Overweight rating is maintained.
The news is directly about Exelon and is likely to influence investor sentiment. While the Overweight rating indicates that Morgan Stanley still sees the stock as a good investment, the lowering of the price target may cause some investors to reassess their positions, potentially leading to short-term price volatility.
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