Wells Fargo raised the firm’s price target on Northwest Natural Gas (NWN) to $45 from $42 and keeps an Equal Weight rating on the shares. The firm viewed the Q3 update favorably as EPS came in better-than-plan, the company affirmed 2024 guidance and, lastly, management discussed progress on regulatory and RNG initiatives, which Wells consider supportive of a healthy step-up in 2025 EPS.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NWN:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue