Mizuho financial group has started covering the shares of
NiSource (NI) with an
outperform rating, reflecting a positive trend for the future value of NI's shares. But with
debt playing a role in ROE, shareholders might raise eyebrows despite NI underperforming compared to its competitors.
Earnings continue to be a focal point with NI set to announce them soon. Favorable circumstances make
NiSource a top dividend stock as it eliminates preferred stock series and amends bylaws. Still, Assenagon Asset Management's stake trimming in NI indicates possible market caution.
Startling news emerged when Sequoia Financial Advisors sold a chunk of NI shares, but NI’s stock has gone up 7.6% since the last earnings report. Both Barclays and JPMorgan Chase have raised price targets for NI, indicating confidence in company performance. Despite NI's mixed Q2 results,
analysts see sustainable growth potential. NI's common stock dividends declaration shows promising returns for shareholders, but NI's strong profits may be shadowing some deeper business issues. The fact that NI's stock hit a 52-week high indicates healthy growth, leading to buzz around it being a solid growth stock. The news stating insider selling of NI stocks raises questions on insider confidence. NI recently celebrated winning the Most Trusted Utility Brands Award, an accolishment that certainly raises its stature among peers.
Nisource NI News Analytics from Thu, 14 Jul 2016 21:38:11 GMT to Sat, 26 Oct 2024 04:51:13 GMT -
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