BMO Capital Maintains Outperform on CMS Energy, Lowers Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker maintains an Outperform rating on CMS Energy (NYSE:CMS) but lowers the price target from $70 to $64.
May 19, 2023 | 12:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
BMO Capital maintains Outperform rating on CMS Energy, but lowers price target from $70 to $64.
The news of BMO Capital maintaining an Outperform rating on CMS Energy indicates a positive outlook for the company. However, the lowering of the price target from $70 to $64 suggests a potential decrease in the stock's value. The overall impact on the stock price is neutral in the short term, as the positive rating is offset by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100