Mizuho Upgrades Eversource Energy: Here's What You Need To Know

Mizuho upgraded its rating of Eversource Energy ES to Buy with a price target of $62.00, changing its price target from $54.00 to $62.00.

Shares of Eversource Energy are trading up 1.82% over the last 24 hours, at $58.10 per share.

A move to $62.00 would account for a 6.71% increase from the current share price.

About Eversource Energy

Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast U.S. The company expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). Eversource is exiting its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast U.S. The company exited most of its unregulated businesses in 2006.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.