Goldman Sachs Initiates Coverage On WEC Energy Group with Neutral Rating, Announces Price Target of $88
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on WEC Energy Group (NYSE:WEC) with a Neutral rating and set a price target of $88.

April 10, 2024 | 9:52 am
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NEUTRAL IMPACT
Goldman Sachs initiated coverage on WEC Energy Group with a Neutral rating and a price target of $88.
The initiation of coverage by Goldman Sachs with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that Goldman Sachs does not see significant upside or downside in the near term, which is why the impact score is neutral. The importance is rated high due to the influence Goldman Sachs' analyses typically have on investor sentiment. The confidence level is high as the information comes directly from a reputable financial institution.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100