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Jefferies & Co Adjusts WEC Energy Price Target to $129 From $124, Maintains Hold Rating
Jefferies & Co has increased its price target for WEC Energy Group (WEC) to $129 from $124, while reiterating a “Hold” rating on the stock. This adjustment comes amidst other analyst actions, with Barclays and Wells Fargo also recently updating their price targets for WEC Energy. The company, an electric utility, also recently declared a quarterly dividend of $0.9525 per share.