Pinnacle West Capital Corp has a consensus price target of $65.84, established from looking at the 96 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Wells Fargo, and Citigroup on May 13, 2024, May 3, 2024, and April 29, 2024. With an average price target of $78.67 between Barclays, Wells Fargo, and Citigroup, there's an implied 1.09% upside for Pinnacle West Capital Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
Buy Now | Get Alert | |||||||
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05/13/2024 | Buy Now | 4.09% | Barclays | Nicholas Campanella | $76 → $81 | Maintains | Overweight | Get Alert |
05/03/2024 | Buy Now | -1.05% | Wells Fargo | Sarah Akers | $74 → $77 | Maintains | Equal-Weight | Get Alert |
04/29/2024 | Buy Now | 0.23% | Citigroup | Ryan Levine | → $78 | Initiates | → Neutral | Get Alert |
04/15/2024 | Buy Now | -2.34% | Barclays | Nicholas Campanella | $75 → $76 | Maintains | Overweight | Get Alert |
03/21/2024 | Buy Now | -10.05% | Morgan Stanley | Stephen Byrd | $69 → $70 | Maintains | Equal-Weight | Get Alert |
03/18/2024 | Buy Now | 2.8% | B of A Securities | Julien Dumoulin-Smith | $71 → $80 | Upgrade | Neutral → Buy | Get Alert |
03/11/2024 | Buy Now | -8.76% | UBS | Daniel Ford | $68 → $71 | Upgrade | Sell → Neutral | Get Alert |
03/06/2024 | Buy Now | -3.62% | Mizuho | Anthony Crowdell | $77 → $75 | Reiterates | Buy → Buy | Get Alert |
03/06/2024 | Buy Now | -3.62% | Barclays | Nicholas Campanella | $79 → $75 | Maintains | Overweight | Get Alert |
03/04/2024 | Buy Now | -11.33% | Evercore ISI Group | Durgesh Chopra | $76 → $69 | Maintains | In-Line | Get Alert |
03/01/2024 | Buy Now | 2.8% | RBC Capital | Shelby Tucker | $83 → $80 | Maintains | Sector Perform | Get Alert |
02/14/2024 | Buy Now | -11.33% | Ladenburg Thalmann | Paul Fremont | → $69 | Initiates | → Neutral | Get Alert |
01/26/2024 | Buy Now | -4.91% | Wells Fargo | Sarah Akers | $78 → $74 | Maintains | Equal-Weight | Get Alert |
01/24/2024 | Buy Now | -1.05% | Mizuho | Anthony Crowdell | $79 → $77 | Maintains | Buy | Get Alert |
01/22/2024 | Buy Now | 0.23% | Guggenheim | Shahriar Pourreza | → $78 | Upgrade | Neutral → Buy | Get Alert |
11/21/2023 | Buy Now | -6.19% | Morgan Stanley | Stephen Byrd | $71 → $73 | Maintains | Equal-Weight | Get Alert |
10/25/2023 | Buy Now | -8.76% | Morgan Stanley | Stephen Byrd | $75 → $71 | Maintains | Equal-Weight | Get Alert |
10/05/2023 | Buy Now | — | Keybanc | Sophie Karp | — | Upgrade | Underweight → Sector Weight | Get Alert |
09/28/2023 | Buy Now | -1.05% | Barclays | Eric Beaumont | $81 → $77 | Maintains | Overweight | Get Alert |
09/21/2023 | Buy Now | -3.62% | Morgan Stanley | Stephen Byrd | $73 → $75 | Maintains | Equal-Weight | Get Alert |
09/15/2023 | Buy Now | 9.23% | Mizuho | Anthony Crowdell | → $85 | Reiterates | Buy → Buy | Get Alert |
08/23/2023 | Buy Now | -6.19% | Morgan Stanley | Stephen Byrd | $78 → $73 | Maintains | Equal-Weight | Get Alert |
08/23/2023 | Buy Now | 4.09% | Barclays | Eric Beaumont | → $81 | Initiates | → Overweight | Get Alert |
08/22/2023 | Buy Now | 9.23% | Mizuho | Anthony Crowdell | $78 → $85 | Upgrade | Neutral → Buy | Get Alert |
08/11/2023 | Buy Now | 0.23% | Evercore ISI Group | Durgesh Chopra | → $78 | Upgrade | Underperform → In-Line | Get Alert |
08/04/2023 | Buy Now | 13.08% | Wells Fargo | Sarah Akers | $89 → $88 | Maintains | Equal-Weight | Get Alert |
07/21/2023 | Buy Now | 0.23% | Morgan Stanley | Stephen Byrd | $73 → $78 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/19/2023 | Buy Now | -21.61% | Keybanc | Sophie Karp | $55 → $61 | Maintains | Underweight | Get Alert |
06/29/2023 | Buy Now | 0.23% | B of A Securities | Julien Dumoulin-Smith | $80 → $78 | Maintains | Neutral | Get Alert |
06/23/2023 | Buy Now | -6.19% | Morgan Stanley | Stephen Byrd | $76 → $73 | Maintains | Equal-Weight | Get Alert |
The latest price target for Pinnacle West Capital (NYSE: PNW) was reported by Barclays on May 13, 2024. The analyst firm set a price target for $81.00 expecting PNW to rise to within 12 months (a possible 4.09% upside). 34 analyst firms have reported ratings in the last year.
The latest analyst rating for Pinnacle West Capital (NYSE: PNW) was provided by Barclays, and Pinnacle West Capital maintained their overweight rating.
The last upgrade for Pinnacle West Capital Corp happened on March 18, 2024 when B of A Securities raised their price target to $80. B of A Securities previously had a neutral for Pinnacle West Capital Corp.
The last downgrade for Pinnacle West Capital Corp happened on March 11, 2022 when Evercore ISI Group changed their price target from N/A to $68 for Pinnacle West Capital Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Pinnacle West Capital, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Pinnacle West Capital was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.
While ratings are subjective and will change, the latest Pinnacle West Capital (PNW) rating was a maintained with a price target of $76.00 to $81.00. The current price Pinnacle West Capital (PNW) is trading at is $77.82, which is within the analyst’s predicted range.
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