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Analysts Have Conflicting Sentiments on These Utilities Companies: Fluence Energy (FLNC), Pinnacle West Capital (PNW) and Algonquin Power & Utilities (AQN)

Tipranks - Thu Jul 2, 4:06AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Fluence Energy (FLNC), Pinnacle West Capital (PNW) and Algonquin Power & Utilities (AQN).

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Fluence Energy (FLNC)

Barclays analyst Christine Cho CFA maintained a Hold rating on Fluence Energy today and set a price target of $16.00. The company’s shares closed last Tuesday at $19.88.

According to TipRanks.com, CFA is ranked #7780 out of 12347 analysts.

Currently, the analyst consensus on Fluence Energy is a Hold with an average price target of $20.15, a 1.8% upside from current levels. In a report issued on June 25, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $20.50 price target.

See today’s best-performing stocks on TipRanks >>

Pinnacle West Capital (PNW)

In a report released today, Nicholas Campanella from Barclays maintained a Hold rating on Pinnacle West Capital, with a price target of $108.00. The company’s shares closed last Tuesday at $107.00.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.0% and a 70.0% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Edison International. ;'>

Currently, the analyst consensus on Pinnacle West Capital is a Hold with an average price target of $106.11, which is a -1.2% downside from current levels. In a report issued on June 24, Morgan Stanley also maintained a Hold rating on the stock with a $95.00 price target.

Algonquin Power & Utilities (AQN)

In a report released today, Michael Lonegan from Barclays maintained a Buy rating on Algonquin Power & Utilities, with a price target of $7.00. The company’s shares closed last Tuesday at $5.86.

According to TipRanks.com, Lonegan is a 4-star analyst with an average return of 7.4% and a 68.8% success rate. Lonegan covers the Utilities sector, focusing on stocks such as American Electric Power, Hawaiian Electric, and DTE Energy. ;'>

Currently, the analyst consensus on Algonquin Power & Utilities is a Moderate Buy with an average price target of $6.64.

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