Recently, a lot has been happening with NiSource (NI). The company’s stock has dipped 2.4% since its last earnings report, however, analyst Jim Cramer gives the stock a strong endorsement, declaring it reliable and consistent. Despite a Senior Director's departure, NiSource ensures that the transition will be smooth. Bullishly, Mizuho raised NiSource's price target from $42 to $44, this alongside NiSource beating Q4 earnings and revenue estimates boosted investor confidence.
We see a lot of strong earnings reports from NiSource. They have exceeded estimates and have declared common stock dividends. On top of this, NiSource is celebrating being named on the Dow Jones Sustainability Indices for 11 consecutive years. Several ratings have been increased and shares have become more attractive due to solid guidance and data in terms of the company's overall performance.
Notwithstanding, Mizuho and Jefferies raises price target, indicating strong performance anticipation. NiSource received international certification for its system safety management practices. Amidst all this, some reports are showing concerns regarding the company's balance sheet.
Nisource NI News Analytics from Wed, 29 Aug 2012 07:00:00 GMT to Thu, 27 Mar 2025 19:13:18 GMT - Rating 7 - Innovation 2 - Information 8 - Rumor -2
