Exelon (EXC) Price Target Trimmed at Morgan Stanley

Group 1 - Exelon Corporation (NASDAQ:EXC) is recognized as one of the 14 Best Utility Dividend Stocks to Buy Now [1] - Exelon serves over 10.7 million customers through six fully regulated transmission and distribution utilities [2] - Morgan Stanley analyst David Arcaro reduced the price target for Exelon from $53 to $52 while maintaining an 'Equal Weight' rating, citing the utilities sector's underperformance compared to the overall market [3] Group 2 - Exelon reported better-than-expected third-quarter results, surpassing estimates in both profits and revenue, attributed to warmer weather and a mild storm season [4] - The company reaffirmed its operating earnings guidance for FY 2025 at $2.64 to $2.74 per share and targets an annualized operating earnings growth rate of 5% to 7% through 2028 [4]