Mizuho has maintained a positive outlook for NiSource (NI), keeping its 'Buy' rating with a revised price target to $50 from $44, following an agreement with Amazon. Investments have been increased by entities such as Prudential Financial and Legal & General Group, while others like Mackenzie Financial Corp and HSBC Holdings PLC reduced theirs. The firm continues to be a compelling option with strong growth and dividend prospects. However, they've encountered regulatory obstacles in Indiana and an executive sold off a considerable number of shares, fuelling investor speculations. Earnings growth has been steady and is expected to continue, with some analysts expecting a CAGR of 8%-9% through expanded capital plans. NiSource's performance in the utility sector has been outperforming, raising questions about its valuation. The company has also leveraged AI technology to slow coal plant shutdowns amid data center growth. Another highlight is their strategic alliance with data center customers, which analysts say could be a game changer. Notwithstanding the progress, concerns over debt and potential market risks remain. The recent dividend growth and gains on the share price merits attention.
Nisource NI News Analytics from Tue, 10 Jun 2025 07:00:00 GMT to Thu, 04 Dec 2025 23:53:00 GMT -
Rating 3
- Innovation -3
- Information 6
- Rumor -4
