Significant transactions and price target shifts have impacted the stock of NiSource Inc. Notably, QRG Capital Management and Empowered Funds LLC have both sold shares of
NiSource (NI), whereas notable acquisitions were made by Intech Investment Management, Sei Investments Co., and Mirae Asset Global Investments. Meanwhile, Zacks Research has forecasted
FY2024 Earnings of $1.72 per share. Analysts have been adjusting their price targets;
BMO Capital Markets and
Barclays elevated their target to $32.00 and $34.00, respectively. Investors looking for growth stocks have been advised to consider NiSource seriously, despite some analysts reducing their EPS estimates for Q2 2024. The company managed to reach a new one-year high, indicating improved market confidence. Furthermore,
NiSource's multiple brands have been recognized as the
2024 Most Trusted Utility Brands. The company has demonstrated dedication to sustainability and inclusivity, evidenced in their 2024 ESG report. Notably, NiSource declared
common stock dividends and announced
1Q 2024 results. Lastly, the company has seen some changes in leadership across its Ohio and Indiana subsidiaries.
Nisource NI News Analytics from Tue, 11 Jul 2023 07:00:00 GMT to Sun, 21 Jul 2024 18:41:04 GMT -
Rating 8
- Innovation -2
- Rumor -4
