# Pinnacle West Capital (PNW) — News

PNW · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/pnw/news

## Recent headlines

- [Pinnacle West Capital Corporation: Jefferies cuts target price to $109 from $129](https://www.ainvest.com/news/pinnacle-west-capital-corporation-jefferies-cuts-target-price-109-129-2610) — AInvest Wire, Oct 5, 2026
  Jefferies Financial Group recently revised its price target for Pinnacle West Capital Corporation (NYSE: PNW), lowering it to $109 from a previous $129, while maintaining a "Buy" rating for the stock. This adjustment reflects a recalibration of expectations amid evolving market conditions and…
- [Pinnacle West Capital Corporation: Barclays cuts target price to $94 from $108](https://www.ainvest.com/news/pinnacle-west-capital-corporation-barclays-cuts-target-price-94-108-2610) — AInvest Wire, Oct 1, 2026
- [Pinnacle West Capital Corporation: Truist Securities cuts target price to $101 from $107](https://www.ainvest.com/news/pinnacle-west-capital-corporation-truist-securities-cuts-target-price-101-107-2608) — AInvest Wire, Aug 17, 2026
- [Pinnacle West Capital enters equity distribution agreement](https://www.ainvest.com/news/pinnacle-west-capital-enters-equity-distribution-agreement-2608) — AInvest Wire, Aug 4, 2026
  On June 5, 2026, Pinnacle West Capital Corporation executed the First Amendment to its Equity Distribution Agreement, originally dated November 8, 2024 . The amendment modifies Section 2(b)(v) of the agreement by extending the term to twenty-four months. This adjustment reflects the company’s…
- [Pinnacle West Capital Corporation: Barclays raises target price to $108 from $102](https://www.ainvest.com/news/pinnacle-west-capital-corporation-barclays-raises-target-price-108-102-2607) — AInvest Wire, Jul 1, 2026

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