Barclays Maintains Underweight on WEC Energy Group, Lowers Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an 'Underweight' rating on WEC Energy Group (NYSE:WEC) and lowered the price target from $83 to $81.
October 24, 2023 | 2:05 pm
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NEGATIVE IMPACT
Barclays has maintained an 'Underweight' rating on WEC Energy Group and lowered the price target from $83 to $81.
The 'Underweight' rating maintained by Barclays indicates a negative outlook for WEC Energy Group. The lowering of the price target from $83 to $81 suggests that the analyst expects the stock to underperform in the short term. This could potentially lead to a decrease in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100