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Nisource NI - News Analyzed: 3,817 - Last Week: 96 - Last Month: 495

↑ NiSource (NI): A Dividend and Growth Stock on the Move

NiSource (NI): A Dividend and Growth Stock on the Move
NiSource Inc. (NI) has been gaining robust focus in the investment frontier with a range of reasons making it attractive to both growth and dividend investors. The company has a strong strategic investment presence, as evidenced by BlackRock Inc.'s acquisition of NiSource shares and PICton Mahoney Asset Management's boost in its NiSource position. The fact that BofA reinstated NiSource with a Buy rating is another positive indicator. The company's shares have been acquired by various investment and asset management firms, further driving its performance. NiSource has been outperforming the market, getting closer to a key technical measure and hitting a new 52-week high. However, the company still underperforms consistently. Leadership changes have been noted in Ohio and Indiana subsidiaries of NiSource. The company recently completed a NIPSCO Minority Equity Interest Transaction and declared common stock dividends. The Q2 2024 earnings surpassed the estimates while revenues missed. There is a mixed sentiment regarding the advancement of the company as it demonstrates a strong market presence but still shows some lackluster performance with its market underperformance.

Nisource NI News Analytics from Mon, 25 Jun 2018 12:13:19 GMT to Sun, 15 Sep 2024 11:32:34 GMT - Rating 7 - Innovation -2 - Information 8 - Rumor -5

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