Deutsche Bank Maintains Hold Rating and $44 PT on Exelon

A report from Deutsche Bank reiterates its Hold rating and $44 price target on Exelon (NYSE: EXC).

The report states, “Following Q3 earnings, we are raising our 2012 and 2013 estimates but are maintaining our Hold rating and $44 TP. EXC remains a solid play on power market recovery, offering decent total return potential, but we continue to prefer First Energy (FE) for exposure to this theme."

EXC closed yesterday at $42.71.