HSBC sets price targets on eight US utility and power companies
Dow Jones Newswires, citing Benzinga, reports HSBC updated price targets on eight US power companies and initiated coverage of three of them.
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what happened
According to Dow Jones Newswires, citing Benzinga, HSBC published price targets for eight US energy companies on October 22, 2026. The highest target is for Constellation Energy at $335 a share. The target for NRG Energy is $179 and for Duke Energy $123.
HSBC also began coverage of Consolidated Edison, Sempra and FirstEnergy. Consolidated Edison was initiated at Hold, while Sempra and FirstEnergy were initiated at Buy. Targets were also set for WEC Energy Group at $106.50 and CMS Energy at $69.
why it matters
Analyst decisions on regulated power utilities usually have a limited effect on the broader market. For utility investors, such updates offer a signal on sentiment toward individual stocks but rarely move the whole sector.
tags
instruments
sources
- NRG Energy Price Target Announced at $179.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 11:08 UTC
- Duke Energy Price Target Announced at $123.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 11:12 UTC
- Consolidated Edison Price Target Announced at $104.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:09 UTC
- Sempra Price Target Announced at $97.50/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:07 UTC
- Constellation Energy Price Target Announced at $335.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:10 UTC
- CMS Energy Price Target Announced at $69.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:25 UTC
- FirstEnergy Price Target Announced at $50.00/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:32 UTC
- WEC Energy Group Price Target Announced at $106.50/Share by HSBC — Dow Jones Newswires, 22 October 2026 at 12:31 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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