Morgan Stanley and other analysts increase Exelon price targets after Q2 earnings exceed expectations.

Morgan Stanley and several other analysts raised their price targets for Exelon (NASDAQ: EXC), a utility services holding company involved in energy distribution and transmission businesses in the US and Canada. Exelon recently reported Q2 earnings of $0.47 EPS, exceeding analyst expectations by $0.07, and plans to pay a quarterly dividend of $0.38 per share on September 13th. The company has a market cap of $37.81 billion, a P/E ratio of 16.29, and a PEG ratio of 2.73.

August 24, 2024
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