Barclays Initiates Coverage On CMS Energy with Equal-Weight Rating, Announces Price Target of $58
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on CMS Energy (NYSE:CMS) with an Equal-Weight rating and a price target of $58.
August 23, 2023 | 9:09 am
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Barclays has initiated coverage on CMS Energy with an Equal-Weight rating and a price target of $58.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook for CMS Energy. The price target of $58 indicates where Barclays believes the stock will trade in the near term. This news could influence investor sentiment and potentially impact the stock's price, but the direction of the impact is not clear from the news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100