Jefferies analyst Julien Dumoulin Smith maintains $NiSource (NI.US)$ with a buy rating, and adjusts the target price from $31 to $39.
According to TipRanks data, the analyst has a success rate of 56.1% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $NiSource (NI.US)$'s main analysts recently are as follows:
The valuation for NiSource is anticipated to progressively increase as the company consistently meets or surpasses the median of its yearly guidance and adjusts its baseline higher based on actual performance, while maintaining estimates for future earnings per share across the next few years.
The initiation of coverage on NiSource comes with a positive outlook, underpinned by an anticipated unique acceleration with re-rating potential. This perspective is bolstered by over $10 billion of capital expenditure opportunities linked to data center expansion and renewable energy projects, coupled with supportive regulatory environments in crucial states.
Note:
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