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Utilities Shares Fall With Bond Yields -- Utilities Roundup

Shares of power producers declined alongside Treasury yields as the markets braced for key U.S. labor data on Friday and an expected interest-rate hold by the Fed next week. Waste Management. -June 03, 2024 at 05:01 pm EDT - MarketScreener

Pinnacle West Capital (NYSE:PNW) Price Target Raised to $76 00

Pinnacle West Capital (NYSE:PNW – Free Report) had its price target lifted by Morgan Stanley from $70.00 to $76.00 in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have an equal weight rating on the utilities provider’s stock. Several other research firms also recently issued reports on PNW. StockNews.com downgraded […]

Morgan Stanley Raises Pinnacle West Capital (NYSE:PNW) Price Target to $76 00

Pinnacle West Capital (NYSE:PNW – Get Free Report) had its price objective increased by research analysts at Morgan Stanley from $70.00 to $76.00 in a report released on Tuesday, Benzinga reports. The firm presently has an “equal weight” rating on the utilities provider’s stock. Morgan Stanley’s target price suggests a potential downside of 0.89% from […]

Are Investors Undervaluing Pinnacle West Capital Corporation (NYSE:PNW) By 22%?

Key Insights Using the Dividend Discount Model, Pinnacle West Capital fair value estimate is US$99.32 Pinnacle West.

Trexquant Investment LP Increases Holdings in Pinnacle West Capital Co (NYSE:PNW)

Trexquant Investment LP increased its stake in shares of Pinnacle West Capital Co. (NYSE:PNW – Free Report) by 101.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 183,785 shares of the utilities provider’s stock after purchasing an additional 92,733 shares during the […]

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