Scotiabank Maintains Sector Outperform on WEC Energy Group, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel has maintained a Sector Outperform rating on WEC Energy Group and raised the price target from $90 to $103.
August 20, 2024 | 2:00 pm
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POSITIVE IMPACT
Scotiabank has increased its price target for WEC Energy Group from $90 to $103, maintaining a Sector Outperform rating. This suggests confidence in WEC's future performance.
The increase in price target from $90 to $103 by Scotiabank indicates a positive outlook on WEC Energy Group's future performance. The maintained Sector Outperform rating suggests that the analyst expects WEC to perform better than its peers, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100