Guggenheim Downgrades Eversource Energy to Neutral, Announces $60 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has downgraded Eversource Energy (NYSE:ES) from Buy to Neutral and set a price target of $60.
October 13, 2023 | 12:03 pm
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NEGATIVE IMPACT
Eversource Energy has been downgraded from Buy to Neutral by Guggenheim, with a new price target of $60.
The downgrade from Buy to Neutral by Guggenheim indicates a less optimistic outlook for Eversource Energy. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $60 also provides a benchmark for investors, which could influence trading decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100