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Eversource price target raised to $79 from $75 at BMO Capital

BMO Capital raised the firm’s price target on Eversource (ES) to $79 from $75 and keeps a Market Perform rating on the shares after its Q4 results and guidance. The stock’s outperformance on the day was primarily due to YTD underperformance as well as limited equity added to the financing plan, the analyst tells investors in a research note.

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