Barclays Maintains Overweight on NiSource, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Overweight rating on NiSource (NYSE:NI) and increased the price target from $30 to $31.
May 14, 2024 | 6:09 pm
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Barclays has maintained an Overweight rating on NiSource and raised the price target from $30 to $31, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Barclays suggests a strong confidence in NiSource's future performance. This endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
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IMPORTANCE 80
RELEVANCE 100