BofA analyst Ross Fowler lowered the firm’s price target on Eversource (ES) to $73 from $82 and keeps a Buy rating on the shares. The firm revised its FY26-28 EPS estimates to reflect the full 100 basis point base ROE drag in 2026 from Opinion No. 594, which it says resets the New England Transmission Owners base ROE to 9.57% and creates two refund obligations.
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