Eversource Energy shares target cut rating down to sector underperform
Published on December 14, 2024
Eversource Energy (NYSE: ES) shares have been downgraded to a sector underperform rating by an investment firm. This downgrade comes after the company announced an amendment to its executive retirement program. Eversource Energy, a leading energy delivery company in New England, has seen its shares drop in value as concerns over higher prices and their credit rating have been raised. Despite this news, State Street Corp has acquired an ownership stake in Eversource Energy, indicating confidence in the company's long-term prospects. Investors looking for insight into the future movement of Eversource Energy's shares can consult Stocks Prognosis, a team of professionals offering expert analysis and forecasts.
Investor opinions & comments
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CapitalCathy
December 16, 2024 at 21:28
I'm not confident in Eversource Energy's ability to navigate the challenges posed by higher prices and a lower credit rating. Their future looks uncertain
AdamWells
December 16, 2024 at 20:44
I'm curious to see how the amendment to the retirement program will affect Eversource Energy's bottom line. It seems like investors are not too optimistic about the company's future
CashCasey
December 16, 2024 at 16:41
I think Eversource Energy's shares have been undervalued. This could be a good time to buy and hold onto them for the long term
InvestorIsabella
December 16, 2024 at 07:29
I have confidence in Eversource Energy's ability to overcome these challenges. They have a strong track record and a solid customer base in New England
ZoeRoss
December 16, 2024 at 01:42
I wonder if the concerns over higher prices and credit rating are valid. It could be a challenging time ahead for Eversource Energy
TraderTina
December 15, 2024 at 17:16
Despite the downgrade, I still believe in Eversource Energy. Their position as a leading energy delivery company in New England gives them a competitive advantage
InvestorSara
December 15, 2024 at 01:50
I'm skeptical about the long-term prospects of Eversource Energy. The downgrade and concerns over their financial health are red flags for me
JeremiahSnyder
December 14, 2024 at 17:21
I'm not convinced that this downgrade will have a significant impact on Eversource Energy's shares. It could just be a short-term setback
AubreyCook
December 14, 2024 at 04:37
State Street Corp's ownership stake in Eversource Energy is a positive sign. It shows that there are still investors who believe in the company's long-term success