NiSource Inc. (NI), an American
utility company, has kept investors interested with various events and announcements. Jim Cramer, a renowned stock commentator, recommended the
dividend stock for its reliability. While the company has had a few downs, like a 2.4% decrease since its last earnings report, overall, it seems that the company's upward trend could sustain. A slight conflict arose among shareholders over a
proposal, but the company advises voting against it.
Ladenburg Thalmann adjusted NiSource's price target upwards, maintaining a buy rating. NiSource's attractive dividends, as well as its recent Q4 2024 EPS guidance raise serve as an assuring factors. The company's executive,
Luhrs,, was granted a $2M stock award, while another executive sold 5,500 shares. Mizuho also adjusted NiSource's price target upwards.
NIPSCO, a subsidiary of NiSource, made notable progress in its electric generation transition plan with the first set of solar projects. Brent Archer, a long-serving member, announced his retirement, and several leadership changes were announced, including the appointment of Kim Cuccia as General Counsel and Corporate Secretary. Also, NiSource is reportedly planning to sell a $2.15 billion stake in its Indiana unit to Blackstone.
Nisource NI News Analytics from Wed, 29 Aug 2012 07:00:00 GMT to Fri, 04 Apr 2025 14:57:10 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor 7
