Eversource Energy, an energy utility company, is attracting considerable attention from the investment community. Notably, respected financial institutions like
Jeffries and Wells Fargo have raised their price targets for the company, indicating a bullish outlook. Eversource is expected to post
solid earnings this quarter of $1.13 a share. In addition, the company's
stability and growth strategy have been recognized for powering its strong dividend performance. There is also noteworthy interest in Eversource's $599M bond sale, which could shape its grid modernization strategy. However, some suggest holding off purchases due to a potentially diminished upside. Despite this, it is generally agreed that Eversource Energy is a solid growth and value stock, especially for long-term investors. As it undergoes a substantial shift in its capital strategy, a significant fixed-income offering of $600M is in play. Despite this heavy financial activity, Eversource faces some challenges like project costs, regulatory inconsistencies, and increased liabilities from wind projects. However, most analysts retain their buy rating, coupled with raised target prices. Though there may be some potential risks, the general consensus remains that Eversource is a strong player in the utilities sector.
Eversource Energy ES News Analytics from Thu, 09 Jan 2025 08:00:00 GMT to Fri, 31 Oct 2025 21:49:05 GMT -
Rating 7
- Innovation -4
- Information 9
- Rumor 2
