Barclays Maintains Equal-Weight Rating for Eversource Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has maintained its Equal-Weight rating for Eversource Energy (NYSE:ES) but lowered its price target from $72.00 to $61.00. Eversource Energy's shares are currently trading up 1.91% at $53.46 per share. A move to $61.00 would represent a 14.1% increase from the current share price.
October 24, 2023 | 5:00 pm
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Barclays has maintained its Equal-Weight rating for Eversource Energy but lowered its price target. This could potentially lead to a short-term increase in the stock price.
The maintenance of the Equal-Weight rating by Barclays indicates a neutral outlook for Eversource Energy. However, the lowering of the price target could potentially lead to a short-term increase in the stock price as it represents a 14.1% increase from the current share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100