Wells Fargo Maintains Overweight on Eversource Energy, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Eversource Energy (NYSE:ES) and increased the price target from $67 to $69.
January 09, 2024 | 1:35 pm
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Wells Fargo analyst Neil Kalton maintains an Overweight rating on Eversource Energy and raises the price target from $67 to $69, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Neil Kalton from Wells Fargo typically signals a bullish outlook on the stock, suggesting that the analyst expects the stock to perform well in the short term. Investors often view such updates as a positive sign and may increase their buying activity, potentially driving the stock price up.
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