Exelon (EXC) Battery Storage Push Puts Fair Value Back In Focus

Exelon (EXC) is back in focus after Commonwealth Edison, its Illinois utility, partnered with Richardson Electronics on an expanded push into locally produced battery energy storage systems and a 5-MWh demonstration project. Exelon’s recent battery storage push comes at a time when the stock is trying to rebuild momentum, with a 7 day share price return of 2.68% and a 90 day share price decline of 8.95%, compared with a 5 year total shareholder return of 39.36%. Scan Exelon’s peers riding the...