Eversource Energy (ES) PT Lowered to $57 at Jefferies

Jefferies analyst Paul Zimbardo lowered the price target on Eversource Energy (NYSE: ES) to $57.00 (from $60.00) while maintaining a Underperform rating.

The analyst comments "Expect 2026 to be another complicated year with Aquarion sale back under PURA consideration and balance sheet repair hanging in the balance. While the CT outlook has improved, we still see affordability concerns with major rate cases and top-five rates in the US. Bulls say the discount accounts for this but we see below-average growth/credit metrics and low capex upside. FY26 YoY growth will be below-average again. Stay Underperform."

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