Barclays analyst Nicholas Campanella raised the firm’s price target on CMS Energy (CMS) to $82 from $78 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the power and utilities group. The firm sees reasons to remain bullish on the group due to earnings outlooks.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMS:
- CMS Energy price target raised to $79 from $76 at KeyBanc
- CMS Energy: Buy Rating Affirmed Amid Favorable Regulatory Outcomes
- CMS Energy price target lowered to $71 from $73 at Morgan Stanley
- CMS Energy announces Shannon Thomas as chief people officer
- Consumers Energy reaches agreement to sell 13 Michigan hydroelectric dams