Morgan Stanley Maintains Equal-Weight on Exelon, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Equal-Weight rating on Exelon (NASDAQ:EXC) and raises the price target from $39 to $42.
August 23, 2024 | 4:24 pm
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Morgan Stanley has maintained its Equal-Weight rating on Exelon and increased the price target from $39 to $42, indicating a positive outlook.
The increase in price target from $39 to $42 by Morgan Stanley suggests a positive outlook for Exelon, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
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IMPORTANCE 80
RELEVANCE 100