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Fly News Breaks for February 19, 2020
EXC
Feb 19, 2020 | 16:26 EDT
BMO Capital analyst James Thalacker initiated coverage of Exelon with an Outperform rating and $56 price target. The analyst believes pending Illinois clean energy legislation has the potential to "materially move investor perception" of Exelon toward its large-cap regulated peers, which he notes currently trade at more than a 20% premium to the company.