Eversource Energy

ES: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$43.00	Xvd	Jhxhtjh

Constructive Regulatory Outcome for NStar Supports Eversource's Growth Outlook

Travis Miller

Dec 7, 2022

We are raising our fair value estimate for Eversource to $74 per share from $73 after incorporating what we consider a favorable outcome of subsidiary NStar's five-year electric rate review in Massachusetts. We are reaffirming our no-moat and stable-moat trend ratings for Eversource.

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