NiSource Inc. (NYSE:NI) has been receiving notable attention from investors and analysts recently. Shares of NiSource were acquired by multiple investment firms such as Mitsubishi UFJ Asset Management Co. ltd and BNP Paribas Financial Markets. The energy holding company also exceeded Q1 earnings estimates, leading Barclays to raise the price target to $31.00. NiSource stock reached a new one year high after the analyst upgrade. The company also declared common stock dividends following its first quarter 2024 results announcement. While the revenues missed the estimates, the company reported positive earnings per share, which bolstered the share price. Charles Schwab Investment Management reportedly has a $92.78 million stock position in NiSource. BMO Capital Markets reiterated an 'outperform' rating for NiSource, the potential reasons being NiSource's strategic growth initiatives. Meanwhile, leadership changes in its Ohio and Indiana subsidiaries were announced.
Nisource NI News Analytics from Thu, 03 Feb 2022 08:00:00 GMT to Sun, 19 May 2024 14:55:34 GMT -
Rating 8
- Innovation 5
- Information 8
- Rumor 1
