Jefferies Lowers Estimates, Price Target on Exelon (EXC)

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Jefferies adjusted estimates and its price target on Exelon (NYSE: EXC) from $44 to $42. The firm maintained a Buy rating.

"We are adjusting our quarterly earnings estimates including a $0.10 reduction in our 1Q estimate and a $0.05 increase in our estimates for 2Q and 3Q. We assume a $0.05 reduction in 1Q12 due to the impact of mild weather."

For an analyst ratings summary and ratings history on Exelon click here. For more ratings news on Exelon click here.

Shares of Exelon closed at $37.49 yesterday, with a 52 week range of $37.48-$45.45.

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