BofA raised the firm’s price target on NiSource (NI) to $47 from $45 and keeps a Buy rating on the shares. The firm maintains its FY25, FY26 and FY27 estimates heading into Q3 and updates its price target on the mark to market to the group average, the analyst tells investors.
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Read More on NI:
- NiSource: Strong Growth Potential and Strategic Investments Reinforce Buy Rating
- NiSource price target raised to $46 from $44 at Barclays
- 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