A Glimpse Into The Expert Outlook On NorthWestern Energy Group Through 4 Analysts
Portfolio Pulse from Benzinga Insights
NorthWestern Energy Group (NASDAQ:NWE) has been evaluated by 4 analysts in the past three months, with mixed opinions. The average 12-month price target is now $49.5, down from $53.50, indicating a 7.48% decrease. Analysts from Barclays, Guggenheim, Ladenburg Thalmann, and Wells Fargo have provided updates, with price target adjustments reflecting a cautious outlook on the company's performance. NorthWestern Energy Group operates in the electricity and natural gas sectors, with recent financial challenges including a revenue decline of -4.17% and below-average net margin and ROE.
January 22, 2024 | 6:01 pm
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NorthWestern Energy Group has received mixed analyst ratings with a downward revision in the average price target to $49.5, indicating a potential decrease in stock price. Financial challenges such as revenue decline and lower profitability metrics may weigh on investor sentiment.
The reduction in the average price target by analysts suggests a bearish outlook, which could lead to a short-term negative impact on NWE's stock price. The financial challenges highlighted, including a revenue decline and below-average profitability metrics, reinforce the cautious stance of analysts and could further contribute to downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100