Keybanc Maintains Overweight on WEC Energy Group, Lowers Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp has maintained an Overweight rating on WEC Energy Group (NYSE:WEC) but lowered the price target from $102 to $94.
October 05, 2023 | 11:45 am
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WEC Energy Group's price target has been lowered by Keybanc from $102 to $94, although the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value in the short term. However, the maintenance of the Overweight rating suggests that the stock is still expected to outperform its peers.
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IMPORTANCE 80
RELEVANCE 100