Evercore ISI Group Downgrades Eversource Energy to In-Line, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Durgesh Chopra has downgraded Eversource Energy (NYSE:ES) from Outperform to In-Line and lowered the price target from $84 to $65.

November 07, 2023 | 12:50 pm
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Eversource Energy has been downgraded from Outperform to In-Line by Evercore ISI Group, with a lowered price target from $84 to $65.
The downgrade from Outperform to In-Line indicates that the analyst believes the stock will perform approximately as well as other companies in the market, rather than outperforming them. The lowered price target suggests that the analyst expects the stock's price to decrease in the short term. Both of these factors are likely to negatively impact the stock's price.
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