Information Provided By: 
Fly News Breaks for June 24, 2019
WEC
Jun 24, 2019 | 06:13 EDT
BofA/Merrill analyst Julien Dumoulin-Smith downgraded WEC Energy to Underperform from Neutral citing valuation, noting that the stock is trading at its widest spread to the group on a relative basis despite the risk that remains around retired coal asset recovery in rates. He remains cautious on its valuation, though his estimates remain unchanged and he raised his price target to $85 from $82 to account for the latest group PE multiples.
News For WEC From the Last 2 Days
There are no results for your query WEC
