EXC | 02 May 2024 | AI Stock Analysis & News

Exelon Co. has received a “Hold” rating from analysts and experienced unusual options trading activity, potentially impacting its stock price.

Stock AI’s forecasts:
🔴 -9.3% short-term ⬇️
🔴 -5.0% long-term ⬇️

Stock AI’s (EXC) Forecast get (+8.3% Profit)

StockAI’s analysis delivers real-world results. On 24 January 2024, $EXC ($34.24), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $37.1 (🟢8.3%). Buying EXC on this signal yielded a +8.3% profit 💰💰.

EXC-Exelon Corporation News

🟢 Exelon Co. (NASDAQ:EXC) has earned a consensus rating of “Hold” from twelve ratings firms, which could indicate stability in the stock price.
🔴 Stock traders acquired 8,339 call options on EXC, which could lead to increased volatility in the short term.
🔴 Scotiabank cut EXC’s price objective, suggesting a potential negative impact on the stock price.
🔴 Tobam significantly raised its holdings in EXC, potentially indicating positive sentiment towards the stock.
🔴 Calamos Advisors LLC lowered its position in EXC, which may signal a lack of confidence in the stock.
🔴 DekaBank Deutsche Girozentrale decreased its holdings in EXC by 82.0%, potentially leading to a negative impact on the stock price.

Exelon Corporation stock has seen a mix of positive and negative news recently, leading to uncertainty in the market. The consensus rating of “Hold” from analysts could provide some stability, but the increase in call options and the decrease in price targets may lead to increased volatility. Additionally, the varying actions of different investment firms, such as raising or lowering holdings, could impact the stock price in different directions.

Overall, it seems that the market sentiment towards EXC is somewhat divided, with some investors showing confidence in the stock while others are more cautious. This mix of positive and negative news could lead to fluctuations in the stock price in the short term. Investors should closely monitor any further developments and analyst recommendations to make informed decisions about their investments in Exelon Corporation.

EXC-Exelon Corporation Analyst Ratings

**Analyst Ratings on Exelon Corporation Stock**

📉 Scotiabank analysts downgraded their rating on Exelon Corporation (NASDAQ:EXC) stock from Outperform to Sector Perform and reduced the target price from $39.00 to $37.00.

📉 Zacks Research analysts decreased their Q2 2024 earnings per share estimates for Exelon Corporation.

📈 Seaport Res Ptn analysts raised their FY2024 EPS estimates for Exelon Corporation in a recent research note.

1. ETF Daily News – Scotiabank Downgrades Exelon Corporation Stock
2. ETF Daily News – Zacks Research Decreases Exelon Corporation Earnings Estimates
3. ETF Daily News – Seaport Res Ptn Upgrades Exelon Corporation Stock


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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