Jefferies and
Argus Research have maintained their
buy ratings on
Pinnacle West Capital (PNW), amidst
Mizuho's downgrade to neutral. With its
8.7% ROE being better than average, questions are raised if PNW is undervalued. The
third-quarter results release caused further speculation. Mizuho's downgrade was due to
regulatory lag and
earnings concerns. Despite that, Jefferies raised PNW's stock price target to
$113, leveraging its growth potential.
MIRAE ASSET GLOBAL ETFS has increased its stock holdings in PNW. However, analysts warn about its
debt load, and weaker than expected
second-quarter results in 2025. Notwithstanding the setbacks, analysts appreciate its dividend returns.
Morgan Stanley maintained an
equal weight rating, slightly lowering the price target to
$87. Notably, there's an ongoing questioning about PNW's stocking underperforming the NASDAQ. The report of insider's selling shares in Pinnacle West Capital caused a dip in the market's confidence in the stock. Meanwhile, PNW is benefiting from its investments and expanding customer base but its returns have reportedly hit a wall.
Pinnacle West Capital Corporation PNW News Analytics from Sat, 05 Aug 2017 15:50:46 GMT to Sat, 04 Oct 2025 12:26:00 GMT -
Rating 2
- Innovation 3
- Information 4
- Rumor -4
