In the past five years, investing in Exelon Corporation (EXC) would have yielded a substantial gain of 107%. Noteworthy developments within the company include the appointment of Ajit Apte to improve customer experience, Morgan Stanley adjusting Exelon's price target, and the institution's reporting on their earnings. Moreover, Exelon has announced the prospective demand in data centers which surpasses 30 gigawatts, heightening interest in the company's initiatives.
Exelon has proved to be a popular choice amongst institutional owners with a staggering 85% hold on the company. The corporation is also venturing into sustainable technologies with the launch of the first residential vehicle-to-grid power plant. The company's robust capex plan to bolster power lines suggests steady infrastructural reinforcement. Exelon Corporation has announced dividends, further augmenting its allure for investors.
Following Morgan Stanley's price target adjustment on Exelon, the case for the corporation's undervaluation in the utilities camp is being strongly made. The company recently revealed that it plans to invest $38B in infrastructure to adapt to changing usage patterns. Notably, the company has managed to retain strong institutional backing with 84% ownership.
Exelon Corporation EXC News Analytics from Tue, 03 Dec 2024 08:00:00 GMT to Fri, 26 Sep 2025 14:08:02 GMT - Rating 5 - Innovation 3 - Information 8 - Rumor 3