JP Morgan Maintains Neutral on Eversource Energy, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Turnure has maintained a Neutral rating on Eversource Energy (NYSE:ES) and increased the price target from $68 to $69.
November 29, 2023 | 7:30 pm
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NEUTRAL IMPACT
JP Morgan analyst Christopher Turnure maintained a Neutral rating on Eversource Energy and raised the price target from $68 to $69.
The adjustment in price target by JP Morgan is marginal, suggesting a slight improvement in the outlook for Eversource Energy. However, since the rating remains Neutral, the impact on the stock price is likely to be limited in the short term. The analyst's view appears to be that the stock is fairly valued at its current level, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100