Morgan Stanley Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) but lowers the price target from $76 to $72.
June 24, 2024 | 4:15 pm
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Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) but lowers the price target from $76 to $72.
The lowered price target from $76 to $72 suggests a less optimistic outlook for Pinnacle West Capital, which could lead to a short-term negative impact on the stock price.
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