6 Analysts Have This To Say About NiSource
Portfolio Pulse from Benzinga Insights
In the past three months, six analysts have provided ratings for NiSource (NYSE:NI), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased by 6.85% to $36.33. Analysts have raised their ratings and price targets, reflecting a positive outlook despite NiSource's financial challenges, such as declining revenue and below-average profitability metrics.
October 21, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have shown a positive outlook for NiSource, with increased price targets and ratings. The average 12-month price target has risen by 6.85% to $36.33, indicating confidence in the company's future performance despite current financial challenges.
The article highlights that analysts have raised their ratings and price targets for NiSource, indicating a positive sentiment. The average price target has increased by 6.85%, suggesting that analysts expect the stock to perform well in the future. This is despite the company's current financial challenges, such as declining revenue and below-average profitability metrics. The positive analyst ratings and increased price targets are likely to have a short-term positive impact on NiSource's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100