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Analysts Offer Insights on Utilities Companies: Pinnacle West Capital (PNW) and IdaCorp (IDA)

Tipranks - Wed May 6, 3:24AM CDT

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Pinnacle West Capital (PNW) and IdaCorp (IDA).

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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 $102.00. The company’s shares closed last Monday at $101.82.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.1% and a 71.2% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Edison International. ;'>

Pinnacle West Capital has an analyst consensus of Hold, with a price target consensus of $103.80, a 1.9% upside from current levels. In a report issued on April 21, Wells Fargo also maintained a Hold rating on the stock with a $106.00 price target.

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IdaCorp (IDA)

In a report released today, Michael Lonegan from Barclays maintained a Buy rating on IdaCorp, with a price target of $167.00. The company’s shares closed last Monday at $146.61.

According to TipRanks.com, Lonegan is a 4-star analyst with an average return of 7.9% and a 69.0% success rate. Lonegan covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, American Electric Power, and Hawaiian Electric. ;'>

Currently, the analyst consensus on IdaCorp is a Moderate Buy with an average price target of $150.00, a 2.8% upside from current levels. In a report issued on April 30, TipRanks – DeepSeek also upgraded the stock to Buy with a $159.00 price target.

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