BofA raised the firm’s price target on Eversource (ES) to $75 from $72 and keeps a Buy rating on the shares. The firm noted there is material earnings optionality for Eversource. Even at the low end of the plausible outcome zone, the company sees positive earnings revision compared to current return on equity assumptions, BofA told investors in a research note.
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Read More on ES:
- Eversource price target lowered to $72 from $73 at BofA
- Eversource price target lowered to $63 from $66 at Scotiabank
- Eversource downgraded to Neutral from Buy at Seaport on equity needs
- Eversource downgraded to Neutral from Buy at Seaport Research
- Eversource price target lowered to $74 from $78 at Wells Fargo