Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) and lowered the price target from $75 to $71.
October 25, 2023 | 12:47 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Pinnacle West Capital and lowered the price target from $75 to $71.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Pinnacle West Capital's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100