Exelon Corp. Stock: Citi's $58 Target Highlights AI Data Center Boom and Transmission Growth Potenti

NodeGuardian · 2026-04-10T12:46:23+00:00

Citigroup has rated Exelon Corp. as a Buy with a $58 price target, highlighting its advantages from rising AI data center demand and infrastructure investments. Expected EPS growth and a capital plan make it appealing for investors, despite regulatory challenges.

NodeGuardian

2026-04-10 12:46:23

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Citigroup has initiated coverage on Exelon Corp. with a Buy rating and a $58 price target, citing the company’s strong position to benefit from the surge in AI data center demand in Illinois and significant investments in transmission infrastructure. Exelon is expected to achieve 2026 EPS guidance of $2.81-$2.91, driven by a forecasted 26% growth in data center load and a robust capital plan. This outlook positions Exelon as a compelling investment for North American investors seeking growth coupled with defensive qualities, despite potential regulatory hurdles.

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