Guggenheim Upgrades Eversource Energy to Buy, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza upgraded Eversource Energy (NYSE:ES) from Neutral to Buy and increased the price target from $60 to $72, indicating a positive outlook for the company's stock.

January 22, 2024 | 2:46 pm
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Eversource Energy was upgraded by Guggenheim from Neutral to Buy, with a raised price target from $60 to $72, suggesting a bullish stance on the stock.
The upgrade from Neutral to Buy by a reputable analyst like Shahriar Pourreza is a strong positive signal for investors, often leading to increased investor confidence and potential short-term price appreciation. The significant raise in the price target further underscores the analyst's conviction in the stock's upside potential.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100