JP Morgan Maintains Overweight on CMS Energy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Sunderland has reaffirmed an Overweight rating on CMS Energy (NYSE:CMS) and increased the price target from $64 to $65.
December 01, 2023 | 7:10 pm
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POSITIVE IMPACT
JP Morgan analyst Richard Sunderland maintains an Overweight rating on CMS Energy and raises the price target from $64 to $65.
The increase in price target by JP Morgan is a positive signal to investors, suggesting a bullish outlook on CMS Energy's stock. This could lead to a short-term increase in the stock price as the market reacts to the analyst's confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100