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Do Analysts Expect Pinnacle West Capital Corporation (PNW) Stock to Rise After It Has Gained 0.07% in a Month?

Tuesday, November 28, 2023 02:52 PM | InvestorsObserver Analysts

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Do Analysts Expect Pinnacle West Capital Corporation (PNW) Stock to Rise After It Has Gained 0.07% in a Month?

InvestorsObserver is giving Pinnacle West Capital Corporation (PNW) an Analyst Rating Rank of 15, meaning PNW is ranked higher by analysts than 15% of stocks. The average price target for PNW is $77.571 and analyst’s rate the stock as a Buy.

Overall Score - 3.2
Wall Street analysts are rating PNW a Buy today. Find out what this means to you and get the rest of the rankings on PNW!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Pinnacle West Capital Corporation Stock Today?

Pinnacle West Capital Corporation (PNW) stock is trading at $74.40 as of 2:36 PM on Tuesday, Nov 28, a rise of $0.65, or 0.88% from the previous closing price of $73.75. The stock has traded between $73.53 and $74.87 so far today. Volume today is light. So far 324,580 shares have traded compared to average volume of 971,086 shares. Click Here to get the full Stock Report for Pinnacle West Capital Corporation stock.

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