From Financial Modeling Prep: 2024-11-05 08:32:00

Jefferies analysts have initiated coverage on CMS Energy with a Buy rating and a price target of $76, citing a forecasted 7.5% CAGR in earnings per share (EPS). The company’s operations in Michigan and infrastructure replacement needs offer a promising long-term investment outlook, with potential growth from onshoring and data center developments.



Read more at Financial Modeling Prep:: Jefferies Sees Long-Term Growth Potential for CMS Energy, Initiates Coverage with a Buy Rating