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.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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