RBC Capital Maintains Sector Perform on Exelon, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained a 'Sector Perform' rating on Exelon (NASDAQ:EXC) but has reduced the price target from $45 to $38.
December 19, 2023 | 3:45 pm
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NEGATIVE IMPACT
Exelon's price target has been lowered from $45 to $38 by RBC Capital, although the 'Sector Perform' rating is maintained.
A lowered price target can often lead to a negative perception of the company's stock value in the short term, potentially causing a decrease in stock price. However, since the rating remains unchanged, the impact might be moderated.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100