Wolfe Research Upgrades CMS Energy to Outperform, Announces $62 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Steve Fleishman has upgraded CMS Energy (NYSE:CMS) from Peer Perform to Outperform and set a price target of $62.

January 16, 2024 | 11:28 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CMS Energy was upgraded by Wolfe Research from Peer Perform to Outperform with a new price target of $62.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest a bullish outlook on the company's performance. The new price target of $62 indicates a potential upside from the current trading price, which can attract investor interest and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100