Barclays Initiates Coverage On WEC Energy Group with Underweight Rating, Announces Price Target of $83
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on WEC Energy Group with an Underweight rating and a price target of $83.
August 23, 2023 | 9:35 am
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Barclays has initiated coverage on WEC Energy Group with an Underweight rating and a price target of $83.
The Underweight rating from Barclays suggests that they expect WEC Energy Group's stock to underperform compared to other stocks in the market. This could potentially lead to a decrease in the stock's price in the short term. The price target of $83 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100