Guggenheim Maintains Buy on CenterPoint Energy, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza maintains a Buy rating on CenterPoint Energy (CNP) but lowers the price target from $33 to $32.

February 21, 2024 | 5:59 pm
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NEUTRAL IMPACT
Guggenheim maintains a Buy rating on CenterPoint Energy but lowers the price target from $33 to $32.
While the reduction in price target could suggest a slightly less optimistic outlook on CNP's stock price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals. This mixed signal could lead to a neutral short-term impact on CNP's stock price as investors weigh the lowered price target against the reaffirmed confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100