Jefferies Upgrades Exelon (EXC) to Buy, Price Target $44
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Price: $35.15 +1.03%
Rating Summary:
4 Buy, 13 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
4 Buy, 13 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade EXC Now!
Jefferies upgraded Exelon (NYSE: EXC) to a Buy rating from its previous rating of Hold. They are also raising their price target to $44 from $42.50. The firm reports that the upgrade and raise in their price target is a result of an attractive yield and upside leverage to improving power markets. The company is reporting a yield of 5.3%, which is about 100 basis points higher than the utility group above average.
For more ratings news on Exelon click here and for the rating history of Exelon click here.
Shares of Exelon closed at $40.04 yesterday, with a 52 week range of $0.00-$51.80.
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For more ratings news on Exelon click here and for the rating history of Exelon click here.
Shares of Exelon closed at $40.04 yesterday, with a 52 week range of $0.00-$51.80.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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