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Fly News Breaks for July 16, 2015
WEC
Jul 16, 2015 | 06:29 EDT
Baird upgraded Wisconsin Energy to Outperform and increased its price target to $54 from $50. The firm said Wisconsin Energy's acquisition of Integrys Energy increases the regulatory base by approximately 70% and doubles capex opportunities projected over the next 10 years. Baird believes Wisconsin is well positioned to execute on pipeline and capital investments, which will enhance margins and reduce regulatory activity.
News For WEC From the Last 2 Days
WEC
Apr 22, 2024 | 07:13 EDT
Barclays raised the firm's price target on WEC Energy to $78 from $75 and keeps an Overweight 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.