JPMorgan Lifts Eversource (ES) Price Target Following Model Updates

JPMorgan raised its price target for Eversource Energy (ES) to $75 from $72, while maintaining an Underweight rating. This adjustment follows model updates for the North American utilities group. Eversource’s CEO highlighted solid 2025 performance, including non-GAAP EPS of $4.76 and a 5.2% dividend increase, alongside significant capital investments and a new five-year capital plan totaling $26.5 billion.

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