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CenterPoint Energy raised to Buy at Guggenheim on regulatory, capex upside

Jun. 12, 2023 3:39 PM ETCenterPoint Energy, Inc. (CNP)By: Carl Surran, SA News Editor
Texas Struggles With Unprecedented Cold And Power Outages

Justin Sullivan/Getty Images News

CenterPoint Energy (NYSE:CNP) is little changed in Monday's trading after Guggenheim Securities upgraded the stock to Buy from Neutral with a $32 price target, driven by recent regulatory outcomes and legislative action in Texas, management engagement on existing regulatory constructs and upward

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