Exelon Corp Stock Price Fluctuates Amid Downgrade
Exelon Corp’s stock price has experienced fluctuations in recent days. KeyBanc downgraded the company’s stock, citing valuation concerns as the reason for this decision.
KeyBanc Downgrade Details
- Date of downgrade: Not specified
- Reason for downgrade: Valuation concerns
- Analyst’s comments: Not provided
Market Reaction
The downgraded stock price has contributed to a decline in Exelon’s value. However, the NASDAQ 100 index has risen, causing Exelon’s stock price to increase slightly.
Analyst Opinions
Some analysts remain optimistic about Exelon’s prospects, despite the downgrade. One analyst praised Exelon’s performance in the utilities sector, but specific comments or names were not provided.
Market Trends
The broader market trend has seen the NASDAQ 100 index rise, resulting in a slight increase of Exelon’s stock price.