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Evercore ISI Sticks to Its Buy Rating for Exelon (EXC)

Tipranks - Tipranks - Fri Mar 6, 7:34AM CST

In a report released today, Nicholas Amicucci from Evercore ISI maintained a Buy rating on Exelon, with a price target of $58.00.

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Amicucci covers the Utilities sector, focusing on stocks such as Consolidated Edison, Dominion Energy, and NextEra Energy. According to TipRanks, Amicucci has an average return of 14.2% and a 65.45% success rate on recommended stocks.

In addition to Evercore ISI, Exelon also received a Buy from TipRanks – Google’s Google Regulated Electric in a report issued on February 21. However, yesterday, KeyBanc maintained a Sell rating on Exelon (NASDAQ: EXC).

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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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