Barclays Maintains Equal-Weight on CMS Energy, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Equal-Weight rating on CMS Energy and increased the price target from $57 to $58.
March 14, 2024 | 11:25 am
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Barclays has maintained an Equal-Weight rating on CMS Energy and raised the price target from $57 to $58.
The increase in price target by Barclays, a reputable financial institution, suggests a positive outlook on CMS Energy's stock performance in the short term. Although the rating remains Equal-Weight, indicating a neutral stance, the adjustment in price target can be seen as a sign of confidence in the company's potential for slight growth or stability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100