BMO Capital Maintains Market Perform on WEC Energy Group, Lowers Price Target to $96
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker has maintained a 'Market Perform' rating on WEC Energy Group (NYSE:WEC) but lowered the price target from $100 to $96.
July 14, 2023 | 12:05 pm
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WEC Energy Group's price target has been lowered from $100 to $96 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100