Mizuho Maintains Neutral on Eversource Energy, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has maintained a Neutral rating on Eversource Energy (NYSE:ES) but has reduced the price target from $63 to $54.
January 25, 2024 | 5:13 pm
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NEGATIVE IMPACT
Mizuho analyst Anthony Crowdell maintains a Neutral stance on Eversource Energy but lowers the price target from $63 to $54, indicating a potential downside compared to the previous target.
The reduction in the price target by Mizuho suggests that the analyst sees less upside potential for Eversource Energy's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100