BMO Capital initiated coverage of NorthWestern Energy (NWE) with a Market Perform rating and $60 price target The firm believes the company’s positives are partially offset by its “only” 4%-6% rate base and earnings growth. This is lower than peers and NorthWestern faces a regulatory environment that has historically been noisy at times, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NWE:
- Promising Growth and Regulatory Improvements Justify Buy Rating for Northwestern Energy Group
- NorthWestern Energy Reports Strong Q1 2025 Results
- NorthWestern Energy’s Positive Q1 Earnings Call Highlights
- NorthWestern Reports Strong Q1 2025 Financial Results
- NorthWestern Energy reports Q1 adjusted EPS $1.22, consensus $1.18