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Stock impact report

CMS Energy (CMS) Price Target Cut by $5 by Analyst [Yahoo! Finance]

CMS Energy Corporation (CMS) 
Last cms energy corporation earnings: 4/27 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
CMS Energy Corporation (NYSE:CMS) is an energy company primarily operating in Michigan. The company operates through three segments: Electric Utility, Gas Utility, and NorthStar Clean Energy. CMS Energy Corporation (NYSE:CMS) saw a modest revision on December 16 when Morgan Stanley lowered its price target on the stock from $76 to $71, but maintained an ‘Equal Weight' rating on the shares. According to the analyst, the performance of the utilities sector will be heavily driven by data centers and growth upside next year. Earlier on December 11, JPMorgan analyst Jeremy Tonet also trimmed the firm's price target on CMS Energy Corporation (NYSE:CMS) from $85 to $80, while keeping an ‘Overweight' rating on the shares. The adjusted target, which still indicates an upside potential of over 14% from the current share price, comes as the analyst firm revised models in the North American utilities sector. That said, CMS Energy Corporation (NYSE:CMS) reported better-than-expected results Show less Read more
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