Pinnacle West Capital Corp

PNW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Pyslth	Qhjbwbyy

How Will New Arizona Regulators Respond to Pinnacle West's Rate Request?

Travis Miller

Nov 18, 2022

We are reaffirming our $77 per share fair value estimate for Pinnacle West after analyzing how election results in Arizona might affect subsidiary Arizona Public Service. We are reaffirming our narrow moat and stable moat trend ratings.

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