Scotiabank raised the firm’s price target on CenterPoint Energy (CNP) to $30 from $28 and keeps a Sector Perform rating on the shares. Despite the distractions caused by Hurricane Beryl, the company is executing well both operationally and financially, the analyst tells investors. The firm is “cautiously optimistic” that the worst is behind for the company in terms of bad publicity and regulatory/earnings risks, and are bullish on its long-term opportunities.
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Read More on CNP:
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