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Wells Fargo & Company Trims Exelon (NYSE:EXC) Target Price to $49.00

Defense World ·  Aug 8, 2022 05:11

Exelon (NYSE:EXC – Get Rating) had its price objective cut by Wells Fargo & Company from $52.00 to $49.00 in a research note published on Thursday, Stock Target Advisor reports. They currently have an equal weight rating on the stock.

Separately, KeyCorp increased their price objective on shares of Exelon from $51.00 to $53.00 and gave the stock an overweight rating in a research note on Wednesday, April 20th.

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Exelon Stock Performance

Shares of NYSE EXC opened at $44.77 on Thursday. The business has a 50 day moving average price of $44.83. Exelon has a 52-week low of $33.64 and a 52-week high of $50.71.

Exelon (NYSE:EXC – Get Rating) last issued its earnings results on Monday, May 9th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.02). The firm had revenue of $5.33 billion for the quarter, compared to analysts' expectations of $4.59 billion.

About Exelon

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Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing businesses in the United States and Canada. It owns nuclear, fossil, wind, hydroelectric, biomass, and solar generating facilities. The company also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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