Morgan Stanley Maintains Equal-Weight on Eversource Energy, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Equal-Weight rating on Eversource Energy (NYSE:ES) and increased the price target from $66 to $67.
November 21, 2023 | 2:38 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Eversource Energy and raises the price target to $67.
The increase in price target by Morgan Stanley suggests a slightly more optimistic valuation of Eversource Energy, which could lead to a positive short term impact on the stock price. However, since the rating remains Equal-Weight, the impact may be moderate as it does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100