Ladenburg Thalmann Maintains Buy on NorthWestern, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Ladenburg Thalmann analyst Paul Fremont maintains a 'Buy' rating on NorthWestern (NASDAQ:NWE) but has lowered the price target from $59 to $53.

August 17, 2023 | 11:26 am
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NEUTRAL IMPACT
NorthWestern's price target has been lowered from $59 to $53 by Ladenburg Thalmann, though the 'Buy' rating is maintained.
The lowering of the price target by Ladenburg Thalmann could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100