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Fly News Breaks for May 1, 2018
ES
May 1, 2018 | 06:18 EDT
Citi analyst Praful Mehta upgraded Eversource Energy to Neutral and raised his price target for the shares to $59 from $54. Offshore wind helps support the company's growth story while the potential for corporate acquisitions brings synergy opportunity, Mehta tells investors in a research note.
News For ES From the Last 2 Days
ES
ES
Apr 22, 2024 | 07:12 EDT
Barclays raised the firm's price target on Eversource to $65 from $62 and keeps an Equal Weight rating on the shares as part of a Q1 preview for the utilities group. The analyst expects weaker quarter results for the sector due to "underwhelming" weather to start the year. However, the firm does not see many companies trending lower in the fiscal 2024 earnings range.
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