Pinnacle West Capital Analyst Ratings
Morgan Stanley Adjusts Price Target on Pinnacle West Capital to $78 From $72, Maintains Equalweight Rating
Investors in Pinnacle West Capital (NYSE:PNW) Have Seen Returns of 17% Over the Past Year
AI brings about a surge in demand for electrical utilities! The USA's electricity generation in the first half of the year has increased significantly, with the largest growth rate in 21 years.
Driven by AI demand, the United States increased its electricity generation by 20.2 GW in the first half of this year, the highest growth rate during the same period since 2003. According to the EIA survey, power developers also expect a year-on-year increase of 42.6 GW in electricity generation in the second half of this year.
NRG Energy Was the Most Shorted S&P 500 Utilities Stock in July
Express News | Pinnacle West Capital Corp : Guggenheim Raises Target Price to $93 From $88
