Morgan Stanley raised the firm’s price target on CenterPoint Energy (CNP) to $37 from $36 and keeps an Equal Weight rating on the shares. The firm is updating its Regulated & Diversified Utilities / IPPs in North America under its coverage, noting utilities underperformed the S&P’s return in December, the analyst tells investors.
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Read More on CNP:
- CenterPoint Energy price target raised to $47 from $44 at Wells Fargo
- CenterPoint Energy price target lowered to $38 from $41 at Barclays
- CenterPoint Energy upgraded to Outperform from Market Perform at BMO Capital
- CenterPoint Energy: De‑Risked Growth, Reasonable Valuation Premium, and Attractive Risk/Reward Support Buy Rating
- CenterPoint Energy price target lowered to $43 from $45 at UBS
