RBC Capital Remains a Hold on Exelon (EXC)
In a report released on April 28, Stephen D’Ambrisi from RBC Capital maintained a Hold rating on Exelon, with a price target of $49.00. The company’s shares closed yesterday at $47.04.
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D’Ambrisi covers the Utilities sector, focusing on stocks such as Exelon, Alliant Energy, and WEC Energy Group. According to TipRanks, D’Ambrisi has an average return of 11.0% and an 88.89% success rate on recommended stocks.
In addition to RBC Capital, Exelon also received a Hold from BMO Capital’s James Thalacker in a report issued on April 22. However, on April 21, KeyBanc maintained a Sell rating on Exelon (NASDAQ: EXC).
Based on Exelon’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.41 billion and a net profit of $594 million. In comparison, last year the company earned a revenue of $5.47 billion and had a net profit of $647 million
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