Morgan Stanley Maintains Equal-Weight on CMS Energy, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on CMS Energy (NYSE:CMS) but lowered the price target from $62 to $58.
August 23, 2023 | 1:15 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on CMS Energy but lowered the price target from $62 to $58.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100