WEC Energy price target raised to $126 from $117 at KeyBanc

KeyBanc analyst Sophie Karp raised the firm’s price target on WEC Energy (WEC) to $126 from $117 and keeps an Overweight rating on the shares. The firm notes the company delivered a solid Q4, with adjusted EPS ahead of expectations and FY26 guidance reaffirmed, underscoring management’s confidence. WEC raised its capex plan to $37.5B on incremental hyperscale data-center load and reiterated its 7%-8% long-term EPS CAGR, with acceleration beginning in 2028.