Ladenburg Thalmann Maintains Neutral Rating and $33 PT on Wisconsin Energy

A report from Ladenburg Thalmann reiterates its Neutral rating and $33 price target on Wisconsin Energy

. In the report, Ladenburg Thalmann writes, “We are reiterating our NEUTRAL rating on Wisconsin Energy (

). Our price target of $33 per share is supported by our 2012/2013 sum-of-the-parts analysis and also implies 14.6x/14.0x our 2012/2013 EPS estimates of $2.26/$2.35. Our 2011 EPS estimate is $2.12.”. WEC closed yesterday at $31.48.