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Fly News Breaks for April 9, 2019
EXC
Apr 9, 2019 | 16:14 EDT
Goldman Sachs analyst Michael Lapides upgraded Exelon to Neutral from Sell at Goldman and raised his price target for the shares to $47 from $43. The analyst sees higher potential nuclear revenue for the company due to potential zero emission credits or subsidies in Pennsylvania and Illinois. Further, the analyst increased his multiples for Exelon's segments to reflect "above average growth" at its core regulated businesses.
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