KeyBanc Raises CMS Energy Corporation (CMS) Target to $83, Keeps Overweight

KeyBanc has increased its price target for CMS Energy Corporation (CMS) to $83 from $79, maintaining an Overweight rating. This decision follows discussions with management regarding Michigan’s regulatory environment, the upcoming gubernatorial election, data center pipeline, and future capital expenditure. The article also notes recent insider trading activity, including a purchase by Director Diane Leopold and a sale by Director John G. Russell.