UBS Keeps Their Hold Rating on Pinnacle West Capital (PNW)
In a report released today, Joseph Parkhill from UBS maintained a Hold rating on Pinnacle West Capital, with a price target of $95.00.
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Parkhill covers the Utilities sector, focusing on stocks such as Exelon, OGE Energy, and WEC Energy Group. According to TipRanks, Parkhill has an average return of 15.1% and a 61.54% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Pinnacle West Capital with a $96.33 average price target.
Based on Pinnacle West Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.82 billion and a net profit of $413.21 million. In comparison, last year the company earned a revenue of $1.77 billion and had a net profit of $394.97 million
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- Pinnacle West price target raised to $95 from $94 at UBS
- Pinnacle West price target lowered to $85 from $91 at Morgan Stanley
- Pinnacle West downgraded to Sector Weight from Overweight at KeyBanc
- Pinnacle West price target lowered to $91 from $93 at Morgan Stanley
- Pinnacle West Capital Highlights Sales Growth in November
