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Fly News Breaks for February 14, 2017
EXC
Feb 14, 2017 | 07:10 EDT
As noted earlier, KeyBanc upgraded Exelon to Overweight from Sector Weight. Analyst Paul Ridzon upgraded the stock based on the recent implementation of nuclear subsidies and his belief that the company's rate-base will increase by 6.5% in coming years. Given the latter metric, the EPS of the company's utility business should rise by 6%-8% annually from 2017-2020, according to the analyst. Target $41.
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