Pinnacle West Capital Corp
PNW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$77.00 | Ttnps | Dpvjfrjn |
Pinnacle West: UNS Rate Case Outcome Suggests Arizona Regulation Might Be Turning Constructive
We are reaffirming our $77 per share fair value estimate for Pinnacle West after reviewing a recent Arizona Corporation Commission ruling that set new electric rates for Tucson-based utility UNS Electric, a subsidiary of Fortis. We are reaffirming our narrow moat rating.