Morgan Stanley Maintains Equal-Weight on CMS Energy, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on CMS Energy (NYSE:CMS) and raised the price target from $61 to $62.
July 21, 2023 | 1:36 pm
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Morgan Stanley has maintained an Equal-Weight rating on CMS Energy and raised the price target from $61 to $62.
The news is directly about CMS Energy. The maintained Equal-Weight rating suggests that Morgan Stanley believes the stock is fairly valued. The slight increase in price target could suggest a slightly positive outlook, but it's not a significant change. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100