Exelon upgraded to Hold from Underperform at Jefferies Jefferies upgraded Exelon to Hold citing an commodity outlook for forward power prices. The firm raised its price target for shares to $37.50 from $29.
Exelon upgraded to Outperform from Market Perform at Wells Fargo Wells Fargo upgraded Exelon to Outperform citing an attractive risk/reward ahead of likely reforms in the capacity market. Wells expects reforms to positively impact the value of ExGenís 19 GW nuclear fleet. It raised its price target range for shares to $43-$44 from $41-$42.