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Eversource price target raised to $71 from $63 at Wells Fargo

Wells Fargo raised the firm’s price target on Eversource (ES) to $71 from $63 and keeps an Equal Weight rating on the shares, but sees it as a battleground call. The firm says it needs visibility on constructive outcomes to fill Aquarion-sized hole in the balance sheet. There are pathways but too early to get back into shares, Wells argues.

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