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Analysts’ Opinions Are Mixed on These Utilities Stocks: Southwest Gas (SWX) and Pinnacle West Capital (PNW)

Tipranks - Fri Feb 27, 8:04AM CST

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Southwest Gas (SWXResearch Report) and Pinnacle West Capital (PNWResearch Report).

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Southwest Gas (SWX)

In a report released today, Julien Dumoulin Smith from Jefferies reiterated a Buy rating on Southwest Gas, with a price target of $97.00. The company’s shares closed last Wednesday at $87.07.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 10.1% and a 64.8% success rate. Smith covers the Utilities sector, focusing on stocks such as American Electric Power, Hawaiian Electric, and WEC Energy Group. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Southwest Gas with a $97.33 average price target, a 14.6% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $100.00 price target.

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Pinnacle West Capital (PNW)

In a report released today, Shelby Tucker from TD Cowen maintained a Hold rating on Pinnacle West Capital, with a price target of $100.00. The company’s shares closed last Wednesday at $99.79.

According to TipRanks.com, Tucker is a 5-star analyst with an average return of 10.0% and a 68.5% success rate. Tucker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Edison International. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Pinnacle West Capital with a $98.88 average price target, representing a 0.4% upside. In a report released yesterday, TipRanks – Google also downgraded the stock to Hold with a $108.00 price target.

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