NiSource price target raised to $43 from $42 at Guggenheim

Guggenheim raised the firm’s price target on NiSource (NI) to $43 from $42 and keeps a Buy rating on the shares after the company reported a beat and reaffirmed its full-year guidance. Continued regulatory execution, “top-tier” EPS growth of 6%-8%, execution around cost management and a solid balance sheet warrants the stocks premium valuation, the analyst tells investors.