Ladenburg Thalmann Initiates Coverage On Pinnacle West Capital with Neutral Rating, Announces Price Target of $69
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Paul Fremont initiates coverage on Pinnacle West Capital (PNW) with a Neutral rating and a price target of $69.

February 14, 2024 | 5:43 pm
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NEUTRAL IMPACT
Ladenburg Thalmann initiated coverage on Pinnacle West Capital with a Neutral rating and a price target of $69.
The initiation of coverage by Ladenburg Thalmann with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, a Neutral rating suggests that the analyst does not see significant upside or downside from the current price level, which is why the short-term impact on the stock price is likely to be neutral. The price target of $69 offers a reference point for investors but does not imply a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100