Exelon price target raised to $47 from $46 at Guggenheim

Guggenheim analyst Shahriar Pourreza raised the firm’s price target on Exelon (EXC) to $47 from $46 and keeps a Buy rating on the shares. The firm is refreshing selected regulated utility estimates and price targets ahead of Q1 results, the analyst tells investors. The updated price targets reflect any known and measurable y/y items, the firm adds.