RBC Capital Initiates Coverage On WEC Energy Group with Sector Perform Rating, Announces Price Target of $95
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has initiated coverage on WEC Energy Group (NYSE:WEC) with a Sector Perform rating and a price target of $95.

September 27, 2023 | 10:26 am
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WEC Energy Group has been initiated with a Sector Perform rating by RBC Capital, with a price target of $95.
The initiation of coverage by RBC Capital with a Sector Perform rating suggests that the analyst believes WEC Energy Group's stock will perform approximately in line with the rest of the market. This could potentially attract investors who are looking for stable stocks, but it might not significantly drive the stock price up or down in the short term. The price target of $95 indicates the analyst's expectation of the stock's future price, which can influence investor sentiment and potentially the stock price.
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