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Analysts’ Top Utilities Picks: Spire (SR), CMS Energy (CMS)

Tipranks - Wed Mar 25, 3:05AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Spire (SR) and CMS Energy (CMS) with bullish sentiments.

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Spire (SR)

According to TipRanks.com, Arcaro is a 5-star analyst with an average return of 14.7% and a 68.1% success rate. Arcaro covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Pinnacle West Capital. ;'>

Currently, the analyst consensus on Spire is a Moderate Buy with an average price target of $94.25, representing a 5.0% upside. In a report issued on March 17, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $106.00 price target.

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CMS Energy (CMS)

Barclays analyst Nicholas Campanella maintained a Buy rating on CMS Energy today and set a price target of $79.00. The company’s shares closed last Monday at $74.62, close to its 52-week high of $75.06.

According to TipRanks.com, Campanella is a 5-star analyst with an average return of 12.3% and a 70.2% success rate. Campanella covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

CMS Energy has an analyst consensus of Moderate Buy, with a price target consensus of $81.18, an 8.1% upside from current levels. In a report issued on March 17, J.P. Morgan also maintained a Buy rating on the stock with a $86.00 price target.

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