Morgan Stanley has decided to maintain its Equal-Weight rating of Eversource Energy (NYSE:ES) and raise its price target from $89.00 to $96.00.
Shares of Eversource Energy are trading down 0.85% over the last 24 hours, at $91.48 per share.
Over the past 3 months, 7 analysts have published their opinion on Eversource Energy (NYSE:ES) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
Eversource Energy's (NYSE:ES) short percent of float has risen 3.36% since its last report. The company recently reported that it has 4.21 million shares sold short, which is 1.23% of all regular shares that are available for trading.
If history is any guide, there may be trouble ahead for shares of Eversource Energy (NYSE:ES). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
Barclays has decided to maintain its Equal-Weight rating of Eversource Energy (NYSE:ES) and lower its price target from $97.00 to $89.00.
Shares of Eversource Energy are trading down 1.2% over the last 24 hours, at $82.66 per share.
Eversource Energy (NYSE:ES) has outperformed the market over the past 15 years by 1.2% on an annualized basis producing an average annual return of 7.36%. Currently, Eversource Energy has a market capitalization of $28.80 billion.