Eversource Energy (ES) has been in the news frequently as of late. Noteworthy events include a substantial cut in holdings by JPMorgan Chase & Co and a major stake reduction by Legal & General Group Plc. The energy company also saw a significant setback following the regulatory rejection of its Aquarion Sale. This led to a plunge in share performance as reported by several stock watch agencies.
Notwithstanding, many financial institutions have shown faith in Eversource Energy. Prudential Financial Inc. and Northwest & Ethical Investments L.P. increased their positions in the company. Furthermore, Goldman Sachs raised the price target of the energy firm, and the share was also listed as a strong value and growth stock by equity analysts.
Despite the regulatory hurdles, Eversource Energy did surpass Q3 earnings estimates and showed a return to profitability. Its financial performance, combined with a reaffirmed 2025 guidance, has led to growth in investor confidence. The stock also received 'Buy' upgrades from firms like Janney Montgomery Scott and Mizuho.
Eversource Energy ES News Analytics from Thu, 17 Apr 2025 07:00:00 GMT to Sat, 29 Nov 2025 10:44:30 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -5
