JP Morgan Maintains Overweight on CMS Energy, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Sunderland maintains an Overweight rating on CMS Energy (NYSE:CMS) and lowers the price target from $73 to $66.
June 06, 2023 | 12:07 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on CMS Energy and lowers the price target from $73 to $66.
JP Morgan's lowered price target for CMS Energy may cause short-term uncertainty among investors, but the maintained Overweight rating suggests that the stock is still expected to outperform the market. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100