RBC Capital Maintains Outperform on CenterPoint Energy, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an 'Outperform' rating on CenterPoint Energy (NYSE:CNP) but lowered the price target from $34 to $33.
September 06, 2023 | 3:59 pm
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CenterPoint Energy's price target has been lowered from $34 to $33 by RBC Capital, though the 'Outperform' rating is maintained.
While the lowering of the price target might indicate a slightly less optimistic outlook for CenterPoint Energy, the maintenance of the 'Outperform' rating suggests that RBC Capital still expects the company to outperform the market. This could lead to a neutral short-term impact on the stock.
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