Exelon price target raised to $50 from $46 at BMO Capital

BMO Capital raised the firm’s price target on Exelon (EXC) to $50 from $46 and keeps an Outperform rating on the shares ahead of its Q1 results this week. Investors will be looking for thoughts and impacts of the recently-passed Maryland legislation codifying MYRPs but without reconciliations as well as other macro themes including tariffs, related sales impacts, and data center activity, the analyst tells investors in a research note.