WEC Energy price target raised to $130 from $129 at Scotiabank

Scotiabank analyst Andrew Weisel raised the firm’s price target on WEC Energy (WEC) to $130 from $129 and keeps an Outperform rating on the shares. The firm is “extremely impressed” by the company’s underlying demand trends, but investors were “clearly” expecting this increase and were either hoping for more or are disappointed with the outlook, the analyst tells investors. The firm believes the company’s story is “rock solid”