Exelon Announces Outcome of 2018-19 PJM Capacity Auction

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Go back to Exelon Announces Outcome of 2018-19 PJM Capacity Auction

UBS Cuts Price Target on Exelon Corp. (EXC) Following D.C.'s Vote Against Exelon's Acquisition Request.

August 26, 2015 9:35 AM EDT

UBS maintained a Neutral rating on Exelon (NYSE: EXC), and cut the price target to $32.00 (from $33.00), following Washington DC Public Service Commission's (PSC) vote against Exelon's pending acquisition request. The PSC states that "Pepco will become a second tier company in a much larger... More