Exelon price target raised to $44 from $39 at KeyBanc

KeyBanc analyst Sophie Karp raised the firm’s price target on Exelon (EXC) to $44 from $39 and keeps an Underweight rating on the shares. The firm notes the company beat Q4 EPS expectations and introduced 2026 EPS guidance of $2.81-$2.91 in line with its 5%-7% long-term growth path. Exelon increased its 2026-2029 capex plan to $41.3B, with transmission and large load customer demand driving most of the uplift.