BofA analyst Ross Fowler raised the firm’s price target on CenterPoint Energy (CNP) to $43 from $42 and keeps a Neutral rating on the shares. The firm cites a mark to market of the group average P/E for its price target change and valuation along with limited upside catalysts through year-end for its Neutral rating.
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Read More on CNP:
- CenterPoint Energy price target raised to $46 from $44 at UBS
- CenterPoint Energy Appoints Jason P. Wells as Board Chair
- CenterPoint Energy price target raised to $40 from $39 at Barclays
- CenterPoint Energy: Balanced Risk and Reward Justifies Hold Rating Amid Limited Upside
- CenterPoint Energy initiated with an In Line at Evercore ISI
