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Analysts Conflicted on These Utilities Names: Edison International (EIX), CMS Energy (CMS) and Nisource (NI)

Tipranks - Thu Apr 30, 7:24AM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on Edison International (EIX), CMS Energy (CMS) and Nisource (NI).

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Edison International (EIX)

In a report released today, Richard Sunderland from Truist Financial maintained a Hold rating on Edison International. The company’s shares closed last Tuesday at $67.94.

According to TipRanks.com, Sunderland is a 4-star analyst with an average return of 4.7% and a 58.4% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Centerpoint Energy, CMS Energy, and PG&E. ;'>

Currently, the analyst consensus on Edison International is a Hold with an average price target of $75.27, representing an 8.7% upside. In a report issued on April 20, Seaport Global also downgraded the stock to Hold.

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CMS Energy (CMS)

In a report released today, Andrew Weisel from Scotiabank maintained a Buy rating on CMS Energy, with a price target of $87.00. The company’s shares closed last Tuesday at $75.92.

According to TipRanks.com, Weisel is a 4-star analyst with an average return of 9.2% and a 73.5% success rate. Weisel covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Consolidated Edison, and Centerpoint Energy. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CMS Energy with a $82.73 average price target, which is a 7.2% upside from current levels. In a report issued on April 17, BMO Capital also maintained a Buy rating on the stock with a $85.00 price target.

Nisource (NI)

J.P. Morgan analyst Eli Jossen maintained a Buy rating on Nisource yesterday and set a price target of $52.00. The company’s shares closed last Tuesday at $48.50.

According to TipRanks.com, Jossen is a 4-star analyst with an average return of 20.2% and a 66.7% success rate. Jossen covers the Utilities sector, focusing on stocks such as Waterbridge Infrastructure LLC Class A, Algonquin Power & Utilities, and New Jersey Resources. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nisource with a $51.20 average price target, a 5.5% upside from current levels. In a report issued on April 17, Barclays also maintained a Buy rating on the stock with a $49.00 price target.

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