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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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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