CenterPoint Energy price target raised to $34 from $32 at Mizuho

Mizuho raised the firm’s price target on CenterPoint Energy (CNP) to $34 from $32 and keeps a Neutral rating on the shares. The company continues to execute in the regulatory arena, coming out of the aftermath of Hurricane Beryl in Texas and more recently achieved settlement approval in Indiana, the analyst tells investors in a research note. The firm believes the Houston Electric rate settlement will be approved at the next open meeting.