Exelon Corp

EXC: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$12.00	Ktykdry	Sjgzyhz

Exelon's ComEd One Step Closer to Renewing Chicago Franchise Agreement

Andrew Bischof

Jan 30, 2023

We are reaffirming our $41 fair value estimate and narrow moat and stable moat trend ratings for Exelon after the company's ComEd subsidiary reached an agreement with Chicago Mayor Lori Lightfoot's administration to renew the company's franchise agreement.

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