Morgan Stanley Maintains Equal-Weight on CMS Energy, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on CMS Energy and raises the price target from $63 to $68.
September 25, 2024 | 3:52 pm
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Morgan Stanley has maintained its Equal-Weight rating on CMS Energy but increased the price target from $63 to $68, indicating a positive outlook.
The increase in price target from $63 to $68 by Morgan Stanley suggests a positive outlook for CMS Energy, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target shows confidence in potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100