Truist Financial Reaffirms Their Hold Rating on WEC Energy Group (WEC)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Richard Sunderland reaffirmed a Hold rating on WEC Energy Group (WEC) with a $122 price target, noting the stock closed at $113.35. This follows similar Hold ratings from RBC Capital and contrasts with Goldman Sachs' Sell rating maintained on July 16.
In a report released on July 17, Richard Sunderland from Truist Financial maintained a Hold rating on WEC Energy Group, with a price target of $122.00. The company’s shares closed last Friday at $113.35.
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According to TipRanks, Sunderland is a 3-star analyst with an average return of 3.6% and a 56.83% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and Xcel Energy.
In addition to Truist Financial, WEC Energy Group also received a Hold from RBC Capital’s Stephen D’Ambrisi in a report issued on July 17. However, on July 16, Goldman Sachs maintained a Sell rating on WEC Energy Group (NYSE: WEC).