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WEC Energy Group Inc (Symbol: WEC) has seen its shares trade above the average analyst 12-month target price of $103.60, currently priced at $103.97 per share. This movement indicates potential reevaluation from analysts, who may choose to increase target prices in light of the stock’s performance.
There are ten different analyst targets with the lowest at $92.00 and the highest at $114.00, resulting in a standard deviation of $7.058. Recent analyst ratings show four strong buy ratings and five hold ratings with an average rating of 2.11, where 1 is Strong Buy and 5 is Strong Sell.
The assessment encourages investors to consider whether the stock may continue to rise or if it has reached a valuation peak, warranting a reevaluation of their holdings.
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