Analysts at UBS Raise Eversource Energy's Rating, Lower Southern Co. and CMS Energy

Thursday, 4 April 2024, 19:23

UBS has upgraded Eversource Energy due to strategic redirection and strong potential for earnings growth. On the other hand, Southern Co. and CMS Energy were downgraded by UBS primarily based on their valuation.
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Analysts at UBS Raise Eversource Energy's Rating, Lower Southern Co. and CMS Energy

UBS Upgrades Eversource Energy

UBS has raised the rating of Eversource Energy citing strategic redirection. The move is expected to lead to substantial earnings growth for the company.

Downgrades for Southern Co. and CMS Energy

UBS has lowered the rating of both Southern Co. and CMS Energy primarily due to valuation concerns.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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