JP Morgan Maintains Overweight on NiSource, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Sunderland maintains an Overweight rating on NiSource and raises the price target from $36 to $38.
October 23, 2024 | 5:13 pm
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JP Morgan has reaffirmed its Overweight rating on NiSource and increased the price target from $36 to $38, indicating a positive outlook.
The increase in price target from $36 to $38 by JP Morgan suggests a positive outlook for NiSource, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100