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Pinnacle West Capital (PNW) Receives a Hold from Barclays

Tipranks - Tipranks - Wed Apr 1, 3:28AM CDT

In a report released today, Nicholas Campanella from Barclays maintained a Hold rating on Pinnacle West Capital, with a price target of $101.00.

End of Quarter Sale - 50% Off TipRanks

Campanella covers the Utilities sector, focusing on stocks such as Talen Energy Corp, Dominion Energy, and CMS Energy. According to TipRanks, Campanella has an average return of 12.3% and a 70.19% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Pinnacle West Capital with a $102.38 average price target.

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Based on Pinnacle West Capital’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.13 billion and a net profit of $15.4 million. In comparison, last year the company earned a revenue of $1.1 billion and had a GAAP net loss of $6.83 million

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