Barclays Maintains Overweight on Pinnacle West Capital, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on Pinnacle West Capital (NYSE:PNW) but lowers the price target from $81 to $78.
July 02, 2024 | 6:08 pm
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Barclays analyst Nicholas Campanella maintains an Overweight rating on Pinnacle West Capital (NYSE:PNW) but lowers the price target from $81 to $78.
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