CenterPoint Energy price target raised to $41 from $39 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on CenterPoint Energy (CNP) to $41 from $39 and keeps a Market Perform rating on the shares. The company updated their long-term financial plan, which now officially supports 7%-9% EPS growth through 2030 and also extended its capital plan through 2035 now totaling $65B, driven by a diverse set of potential investment channels including industrial expansion, an expanded transmission opportunity set, organic population growth, and large data center load, the analyst tells investors in a research note.