KeyBanc raised the firm’s price target on CenterPoint Energy (CNP) to $47 from $41 and keeps an Overweight rating on the shares. The firm notes the company reported Q4 results in line with expectations and maintained its EPS guidance. Load growth is materializing and, as a result, CenterPoint now expects an acceleration of the ramp, which has the potential to put upward pressure on the capex plan long-term.
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