Morgan Stanley analyst David Arcaro lowered the firm’s price target on CenterPoint Energy (CNP) to $36 from $39 and keeps an Equal Weight rating on the shares. Utility performance will be heavily driven by data centers and growth upside in 2026, the analyst tells investors in a year-ahead note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNP:
- CenterPoint Energy upgraded to Overweight from Sector Weight at KeyBanc
- CenterPoint Energy price target lowered to $41 from $43 at JPMorgan
- Palantir, Nvidia, and CenterPoint Team Up to Solve AI’s Biggest Bottleneck
- AI Daily: OpenAI announces agreement to acquire Neptune
- Palantir unveils Chain Reaction with partners CenterPoint Energy, Nvidia