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Jefferies Keeps Their Buy Rating on CMS Energy (CMS)

Tipranks - Tipranks - Wed Feb 11, 8:18AM CST

Jefferies analyst Julien Dumoulin Smith reiterated a Buy rating on CMS Energy today and set a price target of $84.00.

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Dumoulin Smith covers the Utilities sector, focusing on stocks such as CMS Energy, NextEra Energy, and DTE Energy. According to TipRanks, Dumoulin Smith has an average return of 9.2% and a 61.62% success rate on recommended stocks.

In addition to Jefferies, CMS Energy also received a Buy from BMO Capital’s James Thalacker in a report issued yesterday. However, today, Mizuho Securities maintained a Hold rating on CMS Energy (NYSE: CMS).

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Based on CMS Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.02 billion and a net profit of $277 million. In comparison, last year the company earned a revenue of $1.74 billion and had a net profit of $253 million

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