Exelon downgraded to Peer Perform from Outperform at Wolfe Research

Wolfe Research downgraded Exelon (EXC) to Peer Perform from Outperform without a price target The firm thinks political and regulatory “noise” in the company’s key states and its below-average earnings growth of 5%-7% will hold back the stock’s valuation. Wolfe expects expect an in-line 2026 guidance from Exelon.