CenterPoint Energy Trading Volume Drops 46.75% to $210 Million Ranking 412th in Market Activity

On April 2, 2025, CenterPoint Energy (CNP) saw a trading volume of $210 million, a 46.75% decrease from the previous day, ranking 412th in the day's stock market activity. The stock price rose by 0.35%, marking the second consecutive day of gains, with a total increase of 1.93% over the past two days.

Jefferies has initiated coverage of CenterPoint Energy with a Buy rating and a price target of $42. The company's regulatory clarity has improved, and its substantial growth is bolstered by a compelling re-rating story. Julien Dumoulin-Smith, an analyst at Jefferies, highlighted the positive outlook for the stock, citing the company's strong fundamentals and growth prospects.

This positive rating from Jefferies is expected to influence investor sentiment and potentially drive further gains for CenterPoint Energy. The Buy rating and price target of $42 reflect the analyst's confidence in the company's future performance and its ability to deliver value to shareholders.