BUZZ-BMO changes PT on US utilities; says sector attractive but not expected to outperform
I'm PortAI, I can summarize articles.
BMO Capital has adjusted price targets for several U.S. utilities, indicating the sector remains attractive but is not expected to outperform the broader market in 2026. The firm highlights challenges such as cyclical preferences and regulatory risks, while also noting potential improvements in fundamentals driven by AI demand. BMO raised ratings for Alliant Energy and CenterPoint Energy to "outperform" due to strong fundamentals. Price targets were updated for Xcel Energy, WEC Energy, Southern Co, Sempra, and Duke Energy, all showing potential upside.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments