BMO Capital Maintains Market Perform Rating for Eversource Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Market Perform rating for Eversource Energy (NYSE:ES) but lowered its price target from $87.00 to $74.00. Eversource Energy's shares are currently trading down 1.87% at $69.98 per share. A move to $74.00 would represent a 5.74% increase from the current share price.
June 28, 2023 | 5:01 pm
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NEGATIVE IMPACT
BMO Capital has maintained its Market Perform rating for Eversource Energy but lowered its price target. This could potentially impact the stock's performance in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. In this case, while BMO Capital has maintained its Market Perform rating for Eversource Energy, it has lowered its price target. This could potentially lead to a negative sentiment among investors, thereby impacting the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100