Mizuho analyst Anthony Crowdell lowered the firm’s price target on Eversource Energy to $79 from $87 and keeps a Neutral rating on the shares. The analyst awaits more clarity on the company’s offshore wind strategic review, expected in Q2. The firm cites current market multiples for the target drop.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ES: