RBC Capital Starts CenterPoint Energy (CNP) at Sector Perform

RBC Capital analyst Stephen D\'Ambrisi initiates coverage on CenterPoint Energy (NYSE: CNP) with a Sector Perform rating and a price target of $40.00.

The analyst comments: "We are initiating coverage of CenterPoint Energy at Sector Perform, $40 PT. Our rating is underpinned by our view that consensus already sits at the high end of management's 7-9% EPS CAGR guidance through 2030, and the stock's ~9% premium to large-cap regulated peers is difficult to expand despite a derisked Texas regulatory construct. Catalysts are real but weighted toward 2H'26 and beyond, leaving limited near-term opportunities for upward revisions driving idiosyncratic outperformance. We believe CNP is fairly valued and see better value at names offering comparable growth at more compelling valuations."

For an analyst ratings summary and ratings history on CenterPoint Energy click here. For more ratings news on CenterPoint Energy click here.

Shares of CenterPoint Energy closed at $38.65 yesterday.

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