Unveiling 6 Analyst Insights On NiSource
Portfolio Pulse from Benzinga Insights
NiSource (NYSE:NI) has been analyzed by six analysts, showing a range of ratings from bullish to somewhat bullish. The average 12-month price target has increased by 6.85% to $36.33. Analysts have raised their ratings and price targets, reflecting positive sentiment despite financial challenges such as declining revenue and low profitability metrics.
October 21, 2024 | 1:00 pm
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NiSource has received a range of analyst ratings, mostly positive, with an increased average price target of $36.33. Analysts have raised their ratings, indicating optimism despite financial challenges like declining revenue and low profitability.
The article highlights a positive shift in analyst sentiment towards NiSource, with increased price targets and raised ratings. This suggests a likely short-term positive impact on the stock price, as analysts' upgrades often influence investor perception and market behavior. Despite financial challenges, the overall analyst outlook is optimistic, which could drive the stock price upwards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100