Mizuho analyst Gabriel Moreen raised the firm’s price target on NiSource (NI) to $44 from $42 and keeps an Outperform rating on the shares. The firm says “solid jurisdictions” continue to underwrite earnings growth at the high-end of NiSource’s 6%-8% target and balance sheet improvement. Indiana load growth related to data centers represents “considerable upside,” the analyst tells investors in a research note.
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