CenterPoint downgraded by Wells Fargo with a new price target
$CNP
Electric Utilities: Central
Utilities
Wells Fargo downgraded CenterPoint from Overweight to Equal Weight and set a new price target of $28.00 from $32.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/22/2025 | $37.00 | Underweight → Equal Weight | Barclays |
| 4/2/2025 | $42.00 | Buy | Jefferies |
| 3/11/2025 | $36.00 → $37.00 | In-line → Outperform | Evercore ISI |
| 1/23/2025 | Buy → Neutral | Guggenheim | |
| 12/12/2024 | $34.50 | Buy | Ladenburg Thalmann |
| 12/3/2024 | $31.00 → $37.00 | Neutral → Buy | UBS |
| 9/12/2024 | $29.00 | Neutral | BofA Securities |
| 8/13/2024 | $32.00 → $28.00 | Overweight → Equal Weight | Wells Fargo |
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
8-K - CENTERPOINT ENERGY INC (0001130310) (Filer)
424B5 - CENTERPOINT ENERGY INC (0001130310) (Filer)
Company delivers on unprecedented contribution of approximately $200 million of value to the State of Texas First five of the 15 large temporary emergency generation units deployed to San Antonio area to help address regional power generation shortfall Historic agreement with state and industry partners will help address Texas' power generation needs and lower bills for Houston-area customers by approximately $2 per month by 2027HOUSTON, June 16, 2025 /PRNewswire/ -- This weekend, as part of an effort to help the State of Texas meet its current and future energy needs, CenterPoint Energy announced that the first five of 15 large temporary emergency generation units began leaving the Greater
Largest single resiliency investment in CenterPoint history will build on Greater Houston Resiliency Initiative and help address impacts of wide range of extreme weather and other threats100% of lines serving the most customers will have automation devices capable of self-healing130,000 stronger, more storm-resilient poles and braces to be installed or replacedThis historic investment will reduce storm-related outages by nearly 1 billion minutesSpreading investments over four years vs. three years will minimize bill impacts and help keep customer bills more affordableHOUSTON, June 13, 2025 /PRNewswire/ -- As part of its commitment to build and operate the most resilient coastal grid in the c
WAKEFIELD, Mass., June 10, 2025 (GLOBE NEWSWIRE) -- Agilitas Energy, a leading developer and operator of renewable energy and energy storage systems, today announced the commissioning of a 9.96 megawatt (MW) / 22.4 megawatt-hour (MWh) battery energy storage system (BESS) in Houston, Texas. This project marks the first distributed generation BESS interconnected to CenterPoint Energy's distribution system and participating in Electric Reliability Council of Texas (ERCOT)'s wholesale delivery market. A leading independent power producer (IPP), Agilitas Energy, will leverage its expertise in energy storage to operate the BESS to provide essential services to ERCOT. The newly operational B
Barclays upgraded CenterPoint from Underweight to Equal Weight and set a new price target of $37.00
Jefferies initiated coverage of CenterPoint with a rating of Buy and set a new price target of $42.00
Evercore ISI upgraded CenterPoint from In-line to Outperform and set a new price target of $37.00 from $36.00 previously
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)
4 - CENTERPOINT ENERGY INC (0001130310) (Issuer)