UBS Remains Sidelined on Pinnacle West Capital (PNW) Ahead of Update

October 6, 2016 8:15 AM EDT
Get Alerts PNW Hot Sheet
Price: $74.75 --0%

Rating Summary:
    4 Buy, 9 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
Trade PNW Now!
Join SI Premium – FREE

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

UBS maintained a Neutral rating on Pinnacle West Capital (NYSE: PNW), and cut the price target to $78.00 (from $80.00), ahead of EEI update.

Analyst Julien Dumoulin-Smith commented, "Despite the risk of a weaker 3Q due to mild weather, we see a positive skew on 2017 EPS guidance likely in the $4.10-4.30 range, if not better, but we think the real story remains both capacity RFP, rate case, and longer-dated EPS guidance."

For an analyst ratings summary and ratings history on Pinnacle West Capital click here. For more ratings news on Pinnacle West Capital click here.

Shares of Pinnacle West Capital closed at $72.81 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst PT Change

Related Entities


Add Your Comment