CMS Energy (CMS) Price Target Cut by $5 by Analyst

Core Viewpoint - CMS Energy Corporation (NYSE:CMS) has experienced recent adjustments in its stock price targets by analysts, reflecting a cautious outlook on the utilities sector driven by data centers and growth potential in the upcoming year [2][3]. Group 1: Analyst Price Target Adjustments - Morgan Stanley lowered its price target for CMS Energy from $76 to $71 while maintaining an 'Equal Weight' rating [2]. - JPMorgan reduced its price target from $85 to $80 but kept an 'Overweight' rating, indicating an upside potential of over 14% from the current share price [3]. Group 2: Financial Performance and Guidance - CMS Energy reported better-than-expected results in its third-quarter earnings [4]. - The company slightly raised its 2025 adjusted earnings guidance to a range of $3.56-$3.60 per share, up from the previous range of $3.54-$3.60 [4]. - CMS Energy introduced its 2026 adjusted earnings guidance of $3.80-$3.87 per share and reaffirmed its long-term adjusted EPS growth target of 6%-8% [4].