Mizuho Upgrades Exelon to Buy, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Paul Fremont has upgraded Exelon (NASDAQ:EXC) from Neutral to Buy and increased the price target from $36 to $39, indicating a positive outlook on the company's stock.

January 10, 2024 | 12:55 pm
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Exelon's stock rating has been upgraded by Mizuho analyst Paul Fremont from Neutral to Buy, with the price target raised from $36 to $39, suggesting a bullish sentiment on the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a professional and positive change in outlook towards the company's future performance. The increase in price target further strengthens the expectation of stock price appreciation.
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IMPORTANCE 85
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