Barclays upgraded CenterPoint Energy (CNP) to Equal Weight from Underweight with a price target of $37, up from $30. The company has successfully navigated several highly politicized regulatory execution items in the last three months, the analyst tells investors in a research note. The firm now sees CenterPoint’s risk/reward as fairly balanced into the Q3 update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNP:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue