Eversource price target raised to $73 from $69 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on Eversource to $73 from $69 and keeps a Market Perform rating on the shares after its Q2 results. The firm views the quarter as largely constructive given positive political and regulatory developments in CT, the growing investment opportunity set, and the incremental details behind the company’s credit improvement program, the analyst tells investors in a research note.