↗ Pinnacle West Capital Corporation PNW Stocks Shift as Quarterly Dividends Declared Amid Alterations in Stock Holdings and Modest Price Target Increase by UBS
AdvisorNet Financial Inc recently sold 12,576 shares of Pinnacle West Capital Corporation while UBS has made a modest price target increase on Pinnacle. After assessing the company's valuation following years of steady shareholder returns, options for December 2026 are now available. The company has declared a quarterly dividend and maintains a neutral recommendation from UBS. An investment into Pinnacle five years ago would have yielded a 40% gain. As far as stock holdings are concerned, numerous companies have altered their positions; some increasing and some decreasing. Looking ahead, the company is expected to post Q3 earnings, and analysts anticipate decent performance. Meanwhile, dividend investors consider Pinnacle as a safe stock. Recent financial results indicate a strong financial performance and growth prospects, even though the company faces challenges and a hefty debt load. Additionally, it's noteworthy that Pinnacle West's rate increase request will test regulatory relationships. Most analysts maintain a neutral or hold stance on the stock, while a few have lowered their price targets citing various concerns.
Pinnacle West Capital Corporation PNW News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Thu, 25 Dec 2025 08:06:53 GMT -
Rating 2
- Innovation -6
- Information 3
- Rumor -7
