Truist Financial Sticks to Its Hold Rating for Pinnacle West Capital (PNW)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Richard Sunderland maintained a Hold rating on Pinnacle West Capital (PNW) with a $101.00 price target, as reported in a recent update. This individual view aligns with the broader market consensus, which also suggests a Hold rating for PNW but cites a higher average price target of $107.17. Sunderland specializes in the Utilities sector.
In a report released yesterday, Richard Sunderland from Truist Financial maintained a Hold rating on Pinnacle West Capital, with a price target of $101.00.
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Sunderland covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and American Electric Power. According to TipRanks, Sunderland has an average return of 2.9% and a 51.79% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Pinnacle West Capital with a $107.17 average price target.