Barclays raised the firm’s price target on NiSource (NI) to $46 from $44 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the power and utilities group. The firm sees reasons to remain bullish on the group due to earnings outlooks.
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Read More on NI:
- Cautious Hold Rating on NiSource Due to Valuation and Regulatory Challenges
- NiSource initiated with an In Line at Evercore ISI
- NiSource price target raised to $47 from $46 at BMO Capital
- NiSource achieves IURC regulatory approval for GenCo strategy
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