Stifel raised the firm’s price target on Northwest Natural Gas (NWN) to $49 from $45 and keeps a Buy rating on the shares. The firm, which is updating its model following Q1 results that came in above its estimates when adjusted for one-time items as well as to account for the recent Water Utility and SiEnergy segment breakouts, highlights that it is now basing its target price methodology off of its 2026 estimates.
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Read More on NWN:
- Balanced Outlook for Northwest Gas: Hold Rating Amid Growth Potential and Financial Risks
- Northwest Natural Holdings Reports Strong Q1 2025 Results
- Northwest Natural Gas Q1 2025 Earnings Call Highlights
- Northwest Gas Reports Strong Q1 2025 Financial Results
- NW Natural Holding reaffirms FY25 adj. EPS view $2.75-$2.95, consensus $2.87
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