Wells Fargo Maintains Equal-Weight on CenterPoint Energy, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers has maintained an Equal-Weight rating on CenterPoint Energy (NYSE:CNP) while raising the price target from $28 to $32.
October 16, 2024 | 3:25 pm
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Wells Fargo has maintained its Equal-Weight rating on CenterPoint Energy but increased the price target from $28 to $32, indicating a positive outlook.
The increase in price target from $28 to $32 by Wells Fargo suggests a positive outlook for CenterPoint Energy, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100