Barclays Maintains Equal-Weight on CMS Energy, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Equal-Weight rating on CMS Energy (NYSE:CMS) and increased the price target from $55 to $59.
January 17, 2024 | 11:26 am
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Barclays has maintained an Equal-Weight rating on CMS Energy and raised the price target from $55 to $59, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a positive sentiment towards CMS Energy's stock, suggesting that the analyst sees potential for the stock to rise to the new target of $59. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100