Morgan Stanley Reiterates Equal-Weight on Eversource Energy, Maintains $81 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has reiterated an Equal-Weight rating on Eversource Energy (NYSE:ES) and maintained a price target of $81.

July 21, 2023 | 2:21 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Eversource Energy and maintained a price target of $81.
The reiteration of the Equal-Weight rating and price target by Morgan Stanley indicates that the analyst sees the stock as fairly valued at current levels. This is unlikely to have a significant impact on the stock's price in the short term, as it does not suggest any major changes in the company's outlook or valuation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100