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

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

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