Wells Fargo Maintains Equal-Weight on Pinnacle West Capital, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers has maintained an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) and raised the price target from $80 to $87.
August 02, 2024 | 6:14 pm
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Wells Fargo analyst Sarah Akers has maintained an Equal-Weight rating on Pinnacle West Capital (NYSE:PNW) and raised the price target from $80 to $87.
The raised price target from $80 to $87 by Wells Fargo indicates a positive outlook for Pinnacle West Capital, which could lead to a short-term increase in stock price. However, the Equal-Weight rating suggests a balanced view, tempering the overall impact.
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