From Earlier: D.A. Davidson Raises Wisconsin Energy PT

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D.A. Davidson raised its Wisconsin Energy
WEC
price target from $36 to $37 in a research report published today. D.A. Davidson has a Neutral rating on the company. In the report, D.A. Davidson stated, "Wisconsin Energy continues to offer investors a solid vehicle for long-term growth and income with minimal risk, but in our view the current stock price reflects fair value. With general rate cases now filed and likely to move forward in time for new rates to take effect next year, we are increasing our 12-18 month price target from $36 to $37." Shares of Wisconsin Energy closed today at $36.68, down 0.43% from Monday's market close.
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