Exelon Corporation (EXC) is among the 12 Best Utility Stocks to Buy for Dividends, as stated by Insider Monkey. Morgan Stanley raised EXC’s price target from $49 to $53, with an ‘Equal Weight’ rating, citing sector outperformance and upcoming Q3 reports. Exelon is investing $38 billion through 2028 and targeting 5-7% earnings growth annually.

Exelon declared a quarterly dividend of $0.40 per share in July, with an annual dividend yield of 3.32%. While EXC shows investment potential, Insider Monkey suggests AI stocks with greater upside potential and less downside risk. For insights on an undervalued AI stock, check out their free report on the best short-term AI stock.

Read more at Yahoo Finance: Exelon Corporation (EXC) Price Target Raised by $4 at Morgan Stanley