WEC Energy stock rating reiterated at Sector Outperform by Scotiabank
Scotiabank has reiterated its Sector Outperform rating for WEC Energy Group (NYSE:WEC), setting a price target of $140.00 due to strong growth prospects driven by increasing data center demand. The company has a consistent track record of exceeding earnings guidance, surpassing original EPS midpoints for 22 consecutive years, and analysts are confident in its growth outlook despite regulatory concerns. This reaffirmation comes even with a recent Q4 EPS miss, highlighting confidence in WEC's long-term performance and attractive risk-adjusted growth profile.
https://www.investing.com/news/analyst-ratings/wec-energy-stock-rating-reiterated-at-sector-outperform-by-scotiabank-93CH-4490506