Eversource Energy shares are trading higher after Barclays maintained an Equal-Weight rating on the stock and raised its price target from $61 to $65.
Portfolio Pulse from Benzinga Newsdesk
Eversource Energy's stock (ES) is trading higher following Barclays' decision to maintain an Equal-Weight rating while increasing the price target from $61 to $65.

January 02, 2024 | 6:05 pm
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POSITIVE IMPACT
Eversource Energy's stock price is experiencing an increase after Barclays maintained an Equal-Weight rating and raised the price target to $65.
The increase in the price target by Barclays reflects a positive outlook on Eversource Energy, which can instill investor confidence and potentially lead to a short-term increase in the stock price. The Equal-Weight rating suggests that Barclays views the stock as fairly valued at its current price, but the raised target indicates an expectation of some growth. This news is directly related to Eversource Energy and is likely to be considered important by investors, hence the high relevance and importance scores. The confidence score is high due to the clear cause-and-effect relationship between analyst ratings/price target adjustments and stock price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100