Barclays Maintains Underweight on WEC Energy Group, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Underweight rating on WEC Energy Group (NYSE:WEC) and reduced the price target from $79 to $75.
February 08, 2024 | 8:25 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays maintains an Underweight rating on WEC Energy Group and lowers the price target from $79 to $75.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on WEC Energy Group's stock in the short term. This could lead to a negative impact on investor sentiment and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100