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Eversource Energy Implements Cost-Cutting Measures, Leading to a Sector-Underperform Rating

December 15, 2024
Eversource Energy, a prominent energy company, has taken initiative to reduce costs and optimize its operations, resulting in a sector-underperform rating from investors. Stifel Financial Corp, a notable financial services firm, has recently sold 9125 shares of Eversource Energy on the NYSE:ES, indicating a decline in confidence. In an effort to further reduce expenses, Eversource has filed to reduce electric supply rates in New Hampshire, aiming to provide cost savings for customers in the region. Despite facing a credit rating downgrade, Eversource remains committed to serving its customers in Connecticut for the long term, ensuring reliable energy supply. Investors are recommended to consult professionals at Stocks Prognosis for a forecast on the potential movement of Eversource Energy shares.
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ESJuly 17, 2025Eversource Energy: Leading the Way in Renewable Energy Innovation  ~1 min.

Eversource Energy, a prominent energy company, is making waves in the industry with its commitment to renewable energy innovation....

ESJune 10, 2025QuantWave Forecast Success: EVERSOURCE ENERGY Hits Price Target with 14.34% Profit  ~2 min.

On April 4, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price of $57.62....

ESMay 20, 2025EVERSOURCE ENERGY Hits 9.2% Profit Target as Predicted by QuantWave  ~2 min.

Ever since QuantWave's forecast signal on February 18, 2025, predicting a long position on EVERSOURCE ENERGY at a price of $60.03, investors have eagerly awaited the fulfillment of this prophecy....

ESMay 20, 2025EVERSOURCE ENERGY Hits QuantWave Price Target Forecast, Generates 12.81% Profit  ~2 min.

On May 2, 2025, QuantWave, the automated forecasting platform, issued a long signal for EVERSOURCE ENERGY with a price target forecast of $65.55. The stock was trading at $58....

ESMay 16, 2025EVERSOURCE ENERGY Hits Price Target Forecast with 7.92% Profit Potential  ~1 min.

As of May 5th, 2025, QuantWave issued a price target forecast for EVERSOURCE ENERGY, with a long signal and a price of $58.56....

ESMay 16, 2025QuantWave Hits Forecast Target with EverSource Energy, Generating 8.76% Profit  ~1 min.

EverSource Energy has recently seen its stock hit the forecast target set by QuantWave on May 2, 2025. The forecast indicated a long position with the price at 58.11 $....

ESMarch 22, 2025Eversource Energy Holds Assistance Event Amid Concerns Over High Energy Bills  ~1 min.

Eversource Energy, a leading energy company, recently held an assistance event to help customers struggling with high energy bills....

ESMarch 17, 2025Eversource Energy celebrates Massachusetts regulators' $500M reduction in Mass Save plan  ~2 min.

Eversource Energy, one of the leading energy companies in New England, is celebrating a significant reduction in the Mass Save plan....

ESMarch 16, 2025Why Is Eversource ES Down 0.5 Since Last Earnings Report?  ~2 min.

Eversource Energy (ES), a leading energy utility company, has seen a dip of 0.5% in its stock value since its last earnings report....

ESMarch 15, 2025Jones Financial Companies Lllp Acquires 1840 Shares of Eversource Energy NYSE:ES  ~2 min.

Eversource Energy, a leading electric and gas utility company, has recently witnessed an increase in shares as Jones Financial Companies Lllp acquired 1840 shares of the company's stock....

ESDecember 19, 2024Is Eversource Energy Stock Underperforming the S&P 500?  ~1 min.

Eversource Energy, one of the largest energy companies in New England, is facing scrutiny as its stock underperforms the S&P 500....

ESDecember 14, 2024Eversource Energy shares target cut rating down to sector underperform  ~1 min.

Eversource Energy (NYSE: ES) shares have been downgraded to a sector underperform rating by an investment firm....

ESMarch 15, 2025Jones Financial Companies Lllp Acquires 1840 Shares of Eversource Energy NYSE:ES  ~2 min.

Eversource Energy, a leading electric and gas utility company, has recently witnessed an increase in shares as Jones Financial Companies Lllp acquired 1840 shares of the company's stock....

ESDecember 18, 2024Eversource Energy: A Utility Stock Facing Headwinds Amid Stable Outlook  ~1 min.

Eversource Energy, a leading electric utility company, has recently been downgraded by Scotiabank to "Sector Underperform." Despite this downgrade, the company remains optimistic about its stable outlook....

ESDecember 16, 2024Eversource Energy announces plan to reduce electric supply rate in New Hampshire  ~2 min.

ES EVERSOURCE ENERGY, a prominent energy company, has filed a proposal to reduce the electric supply rate in New Hampshire....