Evercore ISI Group Downgrades Exelon to In-Line
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra has downgraded Exelon (NASDAQ:EXC) from Outperform to In-Line, indicating a change in the firm's view on the stock's expected performance relative to the market.
December 15, 2023 | 6:21 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Exelon Corporation (EXC) was downgraded by Evercore ISI Group from Outperform to In-Line, suggesting that the stock may perform similarly to the market going forward.
Downgrades by analysts can lead to a negative perception among investors, potentially causing short-term price declines. However, the change to 'In-Line' suggests a neutral outlook rather than a negative one, which may limit the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100