Friday, July 17, 2015 12:10:55 PM
WEC Energy (WEC +2.1%) is upgraded to Outperform from Neutral with a $54 price target, raised from $50, at Baird, which says the combination with Integrys (NYSE:TEG) should fuel attractive long-term total returns reflecting accelerated infrastructure investment opportunities that should support above-average EPS and dividend compound annual growth of 5%-7%.