RBC Capital Maintains Sector Perform on Exelon, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained a 'Sector Perform' rating on Exelon (NASDAQ:EXC) but lowered the price target from $47 to $45.
September 06, 2023 | 3:46 pm
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Exelon's price target has been lowered from $47 to $45 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector average. This could lead to a short-term negative impact on the stock price.
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IMPORTANCE 75
RELEVANCE 100