Jefferies analyst Julien Dumoulin Smith maintains $NiSource (NI.US)$ with a buy rating, and adjusts the target price from $31 to $39.
According to TipRanks data, the analyst has a success rate of 56.1% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $NiSource (NI.US)$'s main analysts recently are as follows:
The valuation for NiSource is anticipated to progressively increase as the company consistently meets or surpasses the median of its yearly guidance and adjusts its baseline higher based on actual performance, while maintaining estimates for future earnings per share across the next few years.
NiSource is perceived favorably for its potential unique acceleration and re-rating prospects, with over $10 billion of capital expenditure opportunities arising from the expansion of data centers and renewable energy projects, as well as supportive regulatory environments in crucial states.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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