JP Morgan Maintains Overweight on CenterPoint Energy, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on CenterPoint Energy (NYSE:CNP) but lowered the price target from $34 to $32.
October 17, 2023 | 3:46 pm
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JP Morgan has maintained an Overweight rating on CenterPoint Energy but lowered the price target from $34 to $32.
The news is directly about CenterPoint Energy. While the Overweight rating is maintained, the lowering of the price target could indicate a potential decrease in the stock's value. However, the impact is not clear cut and could be neutral as the Overweight rating suggests that the stock is still expected to outperform.
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