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BMO Capital Remains a Hold on Pinnacle West Capital (PNW)

Tipranks - Tipranks - Fri Feb 27, 8:04AM CST

BMO Capital analyst James Thalacker maintained a Hold rating on Pinnacle West Capital today and set a price target of $107.00.

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According to TipRanks, Thalacker is a 5-star analyst with an average return of 15.1% and a 73.54% success rate. Thalacker covers the Utilities sector, focusing on stocks such as CMS Energy, PPL, and DTE Energy.

In addition to BMO Capital, Pinnacle West Capital also received a Hold from Citi’s Ryan Levine in a report issued today. However, yesterday, TipRanks – Google upgraded Pinnacle West Capital (NYSE: PNW) to a Buy.

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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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