NI Maintained by Keybanc -- Price Target Lowered to $48.00
gurufocus.com · 2026-10-13
NiSource Inc. Analyst Rating Update On October 03, 2023, NiSource (NI) received an "Overweight" rating from Keybanc, with an adjusted price target decreased
TickrTrends take: Keybanc's decision to maintain its stance on NI while reducing the price target to $48 suggests analyst confidence in the company's fundamentals even as near-term expectations moderate. The adjustment occurs within a context where TickrTrends currently assesses NI as fairly valued, indicating the market has largely priced in the utility company's current prospects and risks. Investors monitoring valuation metrics should track whether management's earnings guidance and capital deployment plans align with the revised $48 target, as any divergence could signal shifting analyst sentiment on the company's growth trajectory within the utilities sector.
Read the full story at gurufocus.com →
Is NI undervalued? See TickrTrends' fair value analysis →