Pinnacle West Capital (PNW) Price Target Raised to $97

Barclays has raised its price target for Pinnacle West Capital Corporation (NYSE:PNW) to $97 from $90, while maintaining an ‘Equal Weight’ rating. This adjustment follows the company’s Q4 2025 earnings report, where it beat EPS estimates but missed on revenue. For the full year 2025, PNW delivered strong earnings and customer growth, and it has set EPS targets for 2026 and long-term sales growth guidance through 2030.

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