Analyst Ratings For NiSource
Portfolio Pulse from Benzinga Insights
Over the past three months, 4 analysts have evaluated NiSource (NYSE:NI), with all ratings being somewhat bullish. The average 12-month price target has increased to $31.25, reflecting a 3.31% rise from the previous target. Analysts from BMO Capital, Barclays, and Evercore ISI Group have raised their price targets, indicating positive sentiment despite recent revenue challenges.
June 18, 2024 | 5:00 pm
News sentiment analysis
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POSITIVE IMPACT
NiSource has received somewhat bullish ratings from 4 analysts over the past three months, with an average price target increase to $31.25. Analysts from BMO Capital, Barclays, and Evercore ISI Group have raised their price targets, indicating positive sentiment despite a recent revenue decline.
The increase in the average price target and the positive sentiment from multiple analysts suggest a favorable short-term outlook for NiSource. Despite recent revenue challenges, the company's strong net margin, ROE, and ROA contribute to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100