Morgan Stanley Maintains Equal-Weight on CMS Energy, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on CMS Energy and raises the price target from $60 to $63.
August 23, 2024 | 3:53 pm
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Morgan Stanley has maintained its Equal-Weight rating on CMS Energy while increasing the price target from $60 to $63, indicating a slightly more positive outlook.
The increase in price target from $60 to $63 by Morgan Stanley suggests a slightly more optimistic view on CMS Energy's future performance. Maintaining the Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100