Evercore Partners Upgrades Pinnacle West Capital To Buy

Analysts at Evercore Partners upgraded Pinnacle West Capital Corporation (NYSE: PNW) from Hold to Buy.

The price target for Pinnacle West Capital has been lowered from $67.00 to $65.00.

Pinnacle West Capital shares have gained 10.65 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period.

Pinnacle West Capital shares closed at $60.48 on Friday.