BMO Capital analyst James Thalacker lowered the firm’s price target on WEC Energy to $96 from $100 and keeps a Market Perform rating on the shares ahead of its Q2 results. The analyst see a “largely quiet” earnings call as investors focus on any incremental updates in the Illinois gas rate case and limited reopener in Wisconsin. The firm is also reducing its Q2 EPS view by 11c to 85c on weather headwinds.
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