CenterPoint Energy price target raised to $35 from $33 at Guggenheim

Guggenheim raised the firm’s price target on CenterPoint Energy (CNP) to $35 from $33 and keeps a Neutral rating on the shares. The firm sees “a potentially growth-accretive update starting to build” and notes that management committed to a midyear 10-year plan roll forward, which could take shape at an analyst day. The firm will be “taking note of the potential accretion as capex opportunities start to align,” though the stock remains at a premium valuation compared to peers, the analyst tells investors.