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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100