Exelon

Exelon rallied steadily during the regular session, closing up approximately 3.0% at $47.65, supported by Q1 revenue growth of 7.86% YoY to $7.242 billion and net profit growth of 1.21% YoY to $919 million, though EPS fell 0.28% YoY to $0.8975, indicating margin pressure. The stock opened lower at $46.54 then climbed to the session high, reversing an earlier pre-market dip to $46.03. The price now exceeds both the 20-day MA ($46.164) and 60-day MA ($46.095), with YTD gains of 8.49%, while remaining 5.92% below the 52-week high of $50.65. A firm reiterated a $48 price target, citing balanced risk/reward from regulatory uncertainty; however, recent ComEd residential rate hikes tied to rising PJM supply costs may invite further regulatory scrutiny.