Morgan Stanley Maintains Overweight on CenterPoint Energy, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on CenterPoint Energy (NYSE:CNP) but lowers the price target from $31 to $30.
June 24, 2024 | 2:43 pm
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NEUTRAL IMPACT
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on CenterPoint Energy but lowers the price target from $31 to $30.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100