BMO Capital lowered the firm’s price target on Eversource (ES) to $77 from $79 and keeps a Market Perform rating on the shares. The firm sees the company’s improving balance sheet providing flexibility with the Q4 roll forward, the analyst tells investors in a research note. The stock’s near-term performance is likely to be driven by the outcome of the upcoming Aquarion sale approval deadline, the firm added.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ES:
- Eversource downgraded to Neutral from Buy at UBS
- Eversource Energy Reports Strong Q3 2025 Earnings
- Eversource Energy’s Earnings Call Highlights Strong Performance and Strategic Advances
- Eversource backs FY25 EPS view $4.72-$4.80, consensus $4.75
- Eversource Energy repots Q3 adjusted EPS $1.19, consensus $1.15