energy

Ladenburg Thalmann keeps MGE Energy at Buy and lifts target to $86.50

Ladenburg Thalmann kept its Buy rating on MGE Energy and raised its price target 6.8% to $86.50, according to TradingView data.

the same feed is available to bots and dashboards through the api. connect the api →

what happened

Ladenburg Thalmann kept its Buy rating on MGE Energy and raised its price target from $81 to $86.50, a 6.8% increase. According to TradingView, the new target implies an upside of 7.8% from the November 6 close of $80.26.

The same TradingView listing shows other recent analyst moves on the stock. Freedom Broker upgraded it to Buy with a $87 target on November 6, Morgan Stanley kept an Underweight rating with a $72 target on October 21, and JP Morgan initiated coverage at Neutral with a $76 target on October 15. Over the past 30 days, price targets on the stock range from $72 to $87.

why it matters

For regulated utilities like MGE Energy, changes of this kind usually reflect views on the stability of rate bases and earnings rather than a sudden shift in conditions. A single analyst raising its target is a routine event, most relevant to investors already following the company.

tags

instruments

MGE Energy

sources

  1. Ladenburg Thalmann maintains MGE Energy at Buy, raises price target to $86.50 from $81 — TradingView, 7 November 2026 at 01:13 UTC
  2. Ladenburg Thalmann maintains DTE Energy at Buy, raises price target to $144.50 from $133.50 — TradingView, 7 November 2026 at 01:15 UTC
  3. MGE Energy Price Target Raised to $86.50/Share From $81.00 by Ladenburg Thalmann — Dow Jones Newswires, 7 November 2026 at 01:24 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗