JP Morgan Maintains Neutral on WEC Energy Group, Raises Price Target to $93
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Metz has maintained a Neutral rating on WEC Energy Group (NYSE:WEC) and increased the price target from $91 to $93.

November 30, 2023 | 7:17 pm
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JP Morgan analyst Jeremy Metz maintains a Neutral rating on WEC Energy Group and raises the price target from $91 to $93.
The adjustment in price target by JP Morgan is a sign of a modestly positive outlook on WEC Energy Group's valuation, but the maintenance of a Neutral rating suggests no significant change in the company's fundamentals or prospects. This may lead to a limited short-term impact on the stock price as the market absorbs the slightly more optimistic valuation without a change in investment stance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100