Morgan Stanley Maintains Equal-Weight on CMS Energy, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Equal-Weight rating on CMS Energy (NYSE:CMS) and lowers the price target from $65 to $63.
May 22, 2023 | 12:03 pm
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Morgan Stanley maintains an Equal-Weight rating on CMS Energy and lowers the price target from $65 to $63.
The news directly mentions CMS Energy and its lowered price target by Morgan Stanley. The Equal-Weight rating suggests a neutral outlook for the stock, while the reduced price target may have a slight negative impact. However, the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100