JP Morgan Maintains Neutral on NorthWestern Energy Group, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains a Neutral rating on NorthWestern Energy Group (NASDAQ:NWE) but raises the price target from $56 to $60.
October 21, 2024 | 2:35 pm
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POSITIVE IMPACT
JP Morgan has maintained a Neutral rating on NorthWestern Energy Group but increased the price target from $56 to $60, indicating a slightly more positive outlook.
The increase in price target from $56 to $60 suggests a more optimistic view on the stock's potential, which could lead to a positive short-term impact on the stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100