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WEC Energy price target raised to $124 from $116 at BofA

BofA analyst Paul Cole raised the firm’s price target on WEC Energy (WEC) to $124 from $116 and keeps a Neutral rating on the shares. The firm expects WEC to report Q1 EPS of $2.30, within the $2.27-$2.37 guidance range and modestly above consensus of $2.26, the analyst tells investors in a preview.

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