CMS Energy price target raised to $86 from $80 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on CMS Energy (CMS) to $86 from $80 and keeps an Outperform rating on the shares ahead of its Q1 results. The firm says its positive outlook reflects the company’s above-average EPS and dividend growth rates, long-dated visible capital program, consistent execution, and supportive regulatory environment, the analyst tells investors in a research note.