Pinnacle West Capital (PNW) “Hold” Rating Reiterated at SunTrust Robinson; With $84.0 Target; Clarus (CLAR) SI Decreased By 6.39%

Among 12 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 0 have Buy rating, 2 Sell and 10 Hold. Therefore 0 are positive. Pinnacle West Capital Corporation has $95.0 highest and $60 lowest target. $80.67’s average target is 1.34% above currents $79.6 stock price. Pinnacle West Capital Corporation had 45 analyst reports since July 21, 2015 according to SRatingsIntel. Goldman Sachs downgraded Pinnacle West Capital Corporation (NYSE:PNW) on Monday, October 19 to “Sell” rating. The rating was maintained by UBS with “Neutral” on Thursday, October 6. The stock has “Underweight” rating by Morgan Stanley on Thursday, August 10. BMO Capital Markets maintained Pinnacle West Capital Corporation (NYSE:PNW) rating on Thursday, August 3. BMO Capital Markets has “Hold” rating and $8900 target. The rating was maintained by SunTrust with “Hold” on Tuesday, January 16. The stock of Pinnacle West Capital Corporation (NYSE:PNW) has “Hold” rating given on Sunday, August 27 by RBC Capital Markets. The firm has “Hold” rating by SunTrust given on Monday, October 30. Morgan Stanley downgraded Pinnacle West Capital Corporation (NYSE:PNW) on Tuesday, January 12 to “Underweight” rating. Evercore downgraded Pinnacle West Capital Corporation (NYSE:PNW) on Tuesday, January 26 to “Hold” rating. The rating was maintained by SunTrust with “Hold” on Monday, January 8.

Clarus Corporation (NASDAQ:CLAR) had a decrease of 6.39% in short interest. CLAR’s SI was 423,400 shares in January as released by FINRA. Its down 6.39% from 452,300 shares previously. With 67,500 avg volume, 6 days are for Clarus Corporation (NASDAQ:CLAR)’s short sellers to cover CLAR’s short positions. The stock increased 0.35% or $0.025 during the last trading session, reaching $7.125. About 7,591 shares traded. Clarus Corporation (NASDAQ:CLAR) has 0.00% since January 22, 2017 and is . It has underperformed by 16.70% the S&P500.

Clarus Corporation designs, manufactures, and markets outdoor engineered equipment and apparel for climbing, mountaineering, backpacking, skiing, and various other outdoor recreation activities in the United States and internationally. The company has market cap of $214.04 million. The firm provides climbing products, such as belay/rappel devices, bouldering products, carabiners and quickdraws, chalks, chalk bags, climbing packs, crampons, crash pads, harnesses, technical and mountaineering ice axes, ice and rock protection devices, bouldering line of technical apparels, and various other climbing accessories; and skiing products comprising technical apparels, airbags, winter packs for skiing, bindings, poles, skis, skins, snow gloves, and snow packs, as well as avalanche safety devices, including transceivers, probes, and shovels. It currently has negative earnings. It also offers mountain line products, such as mountaineering backpacks for backpacking, expeditions, alpinism, and day use in the outdoor and urban environments, as well as gloves, headlamps, lights, tents, trekking poles, and various other hiking and mountaineering accessories.

The stock increased 0.66% or $0.52 during the last trading session, reaching $79.6. About 154,203 shares traded. Pinnacle West Capital Corporation (NYSE:PNW) has risen 18.43% since January 22, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

Analysts await Pinnacle West Capital Corporation (NYSE:PNW) to report earnings on February, 23. They expect $0.13 earnings per share, down 72.34% or $0.34 from last year’s $0.47 per share. PNW’s profit will be $14.53M for 153.08 P/E if the $0.13 EPS becomes a reality. After $2.46 actual earnings per share reported by Pinnacle West Capital Corporation for the previous quarter, Wall Street now forecasts -94.72% negative EPS growth.

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.44, from 0.86 in 2017Q2. It is positive, as 18 investors sold Pinnacle West Capital Corporation shares while 129 reduced holdings. 52 funds opened positions while 139 raised stakes. 89.24 million shares or 1.50% less from 90.60 million shares in 2017Q2 were reported. Martingale Asset Management L P, a Massachusetts-based fund reported 5,916 shares. Cipher Capital L P invested 0.75% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Eaton Vance reported 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW). Zurcher Kantonalbank (Zurich Cantonalbank) has 0.14% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 180,200 shares. 21,560 are owned by Azimuth Capital Mgmt Lc. Federated Invsts Pa holds 0% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 18,797 shares. Opus Investment Mngmt holds 56,900 shares. Nordea Mgmt Ab accumulated 0% or 4,481 shares. Blackrock Incorporated has 0.05% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 11.23M shares. Capstone Invest Advisors Limited Liability Company accumulated 0.02% or 5,500 shares. Mason Street Ltd Llc stated it has 0.03% in Pinnacle West Capital Corporation (NYSE:PNW). Art Advsr Llc holds 0.05% of its portfolio in Pinnacle West Capital Corporation (NYSE:PNW) for 12,400 shares. Delta Asset Lc Tn reported 1,109 shares or 0.01% of all its holdings. Hutchin Hill Limited Partnership invested in 0.02% or 6,800 shares. Comm Retail Bank owns 0.01% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 4,262 shares.

Since August 23, 2017, it had 0 insider purchases, and 4 insider sales for $4.11 million activity. $400,815 worth of Pinnacle West Capital Corporation (NYSE:PNW) shares were sold by Falck David P. Another trade for 1,806 shares valued at $163,046 was sold by MUNRO KATHRYN L. BRANDT DONALD E had sold 35,013 shares worth $3.14 million.