UPDATE: KeyBanc Upgrades CenterPoint Energy (CNP) to Overweight

September 24, 2021 3:49 AM EDT
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Price: $26.16 --0%

Rating Summary:
    13 Buy, 12 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 9 | Down: 20 | New: 35
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(Updated - September 24, 2021 4:29 AM EDT)

KeyBanc analyst Sophie Karp upgraded CenterPoint Energy (NYSE: CNP) from Sector Weight to Overweight with a price target of $28.00.

The analyst comments "We are upgrading CNP to Overweight following a constructive analyst day update. CNP's refreshed growth projections point toward the upper end of prior guidance and the peer-group average rate, the exit from midstream appears in sight and substantially de-risked, and we believe that the Company should be able to successfully reset and turn the corner in its regulatory relations in Texas. Our price target is $28."

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

Shares of CenterPoint Energy closed at $24.80 yesterday.

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