ES Maintained by JP Morgan -- Price Target Lowered to $68.00

gurufocus.com · 2026-10-19

Eversource Energy Analyst Rating Update On October 3, 2023, JP Morgan maintained an

TickrTrends take: JP Morgan's reduction of its price target to $68 reflects a reassessment of ES's near-term prospects, though the analyst maintained its rating rather than downgrading conviction in the company. Given TickrTrends' assessment that ES is fairly valued, this lower price target suggests the market may already be pricing in similar concerns that prompted JP Morgan's adjustment. Investors focused on valuation should monitor whether ES's utilities sector fundamentals shift or whether market conditions change in ways that could alter the current fairly valued positioning.

Read the full story at gurufocus.com →