Eversource Energy (ES) News Today

Eversource Energy (ES) — Shares are trading on mixed analyst activity today. The move reflects new coverage and modest upside targets from firms initiating coverage, offset by small downward revisions to near‑term EPS and several cautious/hold notes signaling limited upside ahead.

• Positive Sentiment: TD Cowen initiated coverage with a "hold" and a $76 price target (≈6.5% upside from recent levels), which provides incremental analyst interest and a modest positive catalyst. Coverage Initiated by TD Cowen
• Positive Sentiment: KeyCorp projects long‑term earnings growth (FY2029 EPS of $6.04), implying multi‑year upside if regulated returns and growth projects perform to plan.
• Neutral Sentiment: BMO Capital reiterated a Hold rating with a $78 target — another steady, non‑bullish view that supports consensus but doesn't materially raise expectations.
• Neutral Sentiment: Eversource scheduled its Q3 earnings call, keeping the company on investors’ near‑term event calendar; results and management commentary will likely drive the next leg of price action. Earnings Call Scheduled
• Negative Sentiment: KeyCorp trimmed its FY2025 and FY2026 EPS forecasts slightly (FY2025: $4.74 from $4.76; FY2026: $5.01 from $5.10) — small downward revisions that signal near‑term earnings pressure and weigh on sentiment.
• Negative Sentiment: Several outlets and analysts moved to a more cautious stance (Seeking Alpha moved to Hold citing diminished upside; broader coverage highlights regulatory and financial headwinds), which can cap rallies and pressure the stock. Article: Moving To Hold
• Negative Sentiment: Pre‑earnings previews expect a single‑digit decline in quarterly earnings, reinforcing cautious near‑term expectations ahead of the report. Earnings Preview
• Negative Sentiment: Analyst commentary aggregated by TipRanks and others highlights regulatory challenges and financial adjustments that contribute to the cautious tone. Cautious Outlook Article

Bottom line for investors: near‑term downside pressure is coming from modest cuts and cautious commentary, while new coverage and long‑range estimates provide limited offsetting upside. The upcoming Q3 call will likely be the next key catalyst.