Upgrades Eq Weight Overweight X

CMS CMS Energy

Barclays

$68 $75

Downgrades Buy Neutral X

CMS CMS Energy

Guggenheim

Initiated Buy X

CMS CMS Energy

Jefferies

$76

Downgrades Outperform Neutral X

CMS CMS Energy

Mizuho

$76 $72

Downgrades Buy Neutral X

CMS CMS Energy

UBS

Upgrades Neutral Buy X

CMS CMS Energy

Guggenheim

$60 $64

Upgrades Peer Perform Outperform X

CMS CMS Energy

Wolfe Research

$62

Downgrades Buy Neutral X

CMS CMS Energy

Seaport Research Partners

Upgrades Sec Weight Overweight X

CMS CMS Energy

KeyBanc Capital Markets

$57

Initiated Equal Weight X

CMS CMS Energy

Barclays

$58

Upgrades Neutral Buy X

CMS CMS Energy

UBS

$63 $68

Upgrades Neutral Buy X

CMS CMS Energy

BofA Securities

Upgrades Neutral Outperform X

CMS CMS Energy

Credit Suisse

$61 $64

Upgrades Neutral Buy X

CMS CMS Energy

Seaport Research Partners

$63

Initiated Neutral X

CMS CMS Energy

Credit Suisse

$76

Downgrades Overweight Eq Weight X

CMS CMS Energy

Barclays

$70 $76

Downgrades Overweight Sec Weight X

CMS CMS Energy

KeyBanc Capital Markets

Downgrades Buy Neutral X

CMS CMS Energy

BofA Securities

$65 $67

Upgrades Sec Weight Overweight X

CMS CMS Energy

KeyBanc Capital Markets

$67

Resumed Outperform X

CMS CMS Energy

Credit Suisse

$71

Downgrades Buy Hold X

CMS CMS Energy

Vertical Research

Upgrades Neutral Buy X

CMS CMS Energy

Mizuho

$60 $65

Downgrades Buy Neutral X

CMS CMS Energy

Seaport Global Securities

Upgrades Eq Weight Overweight X

CMS CMS Energy

Barclays

$75 $67

Upgrades Neutral Outperform X

CMS CMS Energy

Credit Suisse

$63 $64

Initiated Sector Weight X

CMS CMS Energy

KeyBanc Capital Markets

Upgrades Neutral Buy X

CMS CMS Energy

BofA/Merrill

$60

Initiated Neutral X

CMS CMS Energy

Goldman

$52

Downgrades Buy Neutral X

CMS CMS Energy

BofA/Merrill

Upgrades Hold Buy X

CMS CMS Energy

Argus

Initiated Neutral X

CMS CMS Energy

Citigroup

$46

Upgrades Neutral Long-term Buy X

CMS CMS Energy

Hilliard Lyons

CMS  CMS Energy Corporation

CMS Energy Corporation is an energy company operating primarily in Michigan. The Company operates through three segments: electric utility, which consists of regulated activities associated with the generation, transmission and distribution of electricity in Michigan; gas utility, which consists of regulated activities associated with the transportation, storage and distribution of natural gas in Michigan, and enterprises, which consists of various subsidiaries engaging primarily in domestic independent power production. The Company is the parent holding company of various subsidiaries, including Consumers Energy Company (Consumers), an electric and gas utility company, and CMS Enterprises Company (CMS Enterprises), a domestic independent power producer. Consumers serves individuals and businesses operating in the alternative energy, automotive, chemical, metal, and food products industries, as well as a group of other industries.