Eversource Energy
ES: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$18.00 | Kvwyv | Byynvph |
Eversource Earnings: Offshore Wind Deal, Aquarion Water Exit Plans Come With Risks
We are raising our fair value estimate for Eversource Energy to $73 from $72 after the company made several strategic announcements that had positive and negative impacts on our fair value estimate. Eversource also reported 2023 earnings and reaffirmed 2024 guidance, both in line with our forecasts. We are reaffirming our no-moat rating.