Pinnacle West Capital Corporation (PNW) has been experiencing a flurry of activity in the capital market, with strong stock performance outpacing competitors in multiple trading sessions. The company's institutional visibility has increased, with organizations such as Toronto Dominion Bank, Mitsubishi UFJ Trust & Banking Corp, Bessemer Group Inc., Intech Investment Management LLC, and Commonwealth of Pennsylvania Public School Employees Retirement System adjusting their stock positions. However, the company has also underperformed in the market at times. Removed expectations highlight a promising outlook, with Wall Street analysts expecting earning growth. The corporation's recent financial results exceeded revenue expectations, contributing to its stock reaching a new 1-year high of $85.00. However, analysts argue that the business has yet to catch up with the share price. Convertible senior notes offerings and changes in executive management are recent key events as the company navigates the sector.
Pinnacle West Capital Corporation PNW News Analytics from Thu, 19 Sep 2013 07:00:00 GMT to Sun, 28 Jul 2024 13:13:22 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor -2