Ladenburg downgraded NorthWestern Energy (NWE) to Neutral from Buy with a price target of $56, down from $57.50. The firm cites the company’s continues regulatory lag for the downgrade.
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Read More on NWE:
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- NorthWestern Executives to Attend Financial Forum
- Balanced Risk/Reward Scenario for Northwestern: Hold Rating Amid Growth Challenges and Regulatory Risks
- NorthWestern Energy initiated with a Market Perform at BMO Capital
- Promising Growth and Regulatory Improvements Justify Buy Rating for Northwestern Energy Group
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