Evercore ISI Reaffirms Their Buy Rating on Nisource (NI)


Evercore ISI Reaffirms Their Buy Rating on Nisource (NI)

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Chopra covers the Utilities sector, focusing on stocks such as Eversource Energy, Edison International, and NextEra Energy. According to TipRanks, Chopra has an average return of 7.0% and a 57.89% success rate on recommended stocks.

Nisource has an analyst consensus of Strong Buy, with a price target consensus of $42.13, representing a 6.39% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $44.00 price target.

Based on Nisource's latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.08 billion and a net profit of $85.7 million. In comparison, last year the company earned a revenue of $1.03 billion and had a net profit of $85.1 million

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