HSBC Initiates Eversource Energy at Hold With $70 Price Target
HSBC has initiated coverage on Eversource Energy with a 'Hold' rating and a price target of $70 per share.
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JP Morgan Maintains Underweight on Eversource Energy, Lowers Price Target to $68
JP Morgan analyst Jeremy Tonet maintains Eversource Energy (NYSE:ES) with a Underweight and lowers the price target from $73 to $68.
EXC vs. ES: Which Utility Stock Offers Better Investment Potential?
Exelon Corporation (EXC) and Eversource Energy (ES) are compared as both utilities invest heavily in grid infrastructure to meet rising electricity demand from data centers and industrial reshoring. Exelon is identified as the preferred pick due to stronger earnings growth projections (6.39% long-term), a larger capital investment plan ($41.7 billion through 2029), better debt position, and superior recent price performance. Eversource offers a higher dividend yield (4.83% vs. 4.05%) but faces headwinds with lower earnings growth and higher debt-to-capital ratio.
Eversource and Dartmouth Engineering selected for U.S. Department of Energy SPARK Award to expand grid capacity and deliver customer benefits through grid-enhancing technology
Eversource and Dartmouth Engineering have been selected by the U.S. Department of Energy for the SPARK program to develop the DREAM initiative, which uses dynamic line rating technology to increase transmission capacity across 4,000 miles of grid in Connecticut, Massachusetts, and New Hampshire. The project could unlock additional transfer capability, potentially delaying new transmission construction while reducing costs for customers. Pending successful negotiations, the award could represent approximately $47.7 million in funding, with implementation expected to begin in 2027.
Strategic Resources Inc. Announces Board Resignation and Schedules Annual General Meeting
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