Goldman Sachs Transfers Coverage on Eversource Energy (ES), Upgrades to Buy

Goldman Sachs analyst Insoo Kim assumes coverage on Eversource Energy (NYSE: ES) with a Buy rating (from Neutral) and a price target of $71.00 (from $64.00).

The analyst assumes primary coverage and upgrades the name given the company's quality characteristics with above-average rate base and EPS growth coupled with further upside potential in the valuation multiple.

For an analyst ratings summary and ratings history on Eversource Energy click here. For more ratings news on Eversource Energy click here.

Shares of Eversource Energy closed at $67.58 yesterday.

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