The Analyst Verdict: NiSource In The Eyes Of 7 Experts
Portfolio Pulse from Benzinga Insights
NiSource (NYSE:NI) has received mixed analyst ratings over the past three months, with all seven analysts being somewhat bullish. The average 12-month price target has increased by 4.35% to $33.57. Despite challenges like a decline in revenue and below-average financial metrics, analysts have raised their price targets, indicating a positive outlook.
September 12, 2024 | 1:00 pm
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NiSource has received somewhat bullish ratings from all seven analysts over the past three months, with an average price target increase of 4.35% to $33.57. Despite revenue and profitability challenges, analysts have raised their price targets, indicating a positive outlook.
The unanimous somewhat bullish ratings from analysts and the increase in average price target suggest a positive short-term outlook for NiSource. Despite financial challenges, the raised price targets indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100