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Fly News Breaks for July 7, 2015
ES
Jul 7, 2015 | 07:27 EDT
Wells Fargo upgraded Eversource Energy to Outperform saying the recent underperformance of shares creates a buying opportunity. Wells thinks the stock deserves a premium relative to Regulated Electric peers given the company's annual earnings growth potential of 6%-8% versus peers at 4%-5%. It raised its price target range for the stock to $51-$52 from $48-$49.
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