KeyBanc analyst Sophie Karp upgraded CenterPoint Energy (CNP) to Overweight from Sector Weight with a $41 price target as part of its 2026 outlook for the utilities group. CenterPoint offers an “uncorrelated thesis with no measurable exposure” to the artificial intelligence theme, but it still has “premium growth characteristics and attractive recovery mechanisms,” the analyst tells investors in a research note. The firm sees no near-term negative catalyst for the shares.
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