Analysts Offer Insights on Utilities Companies: Nisource (NI) and Constellation Energy Corporation (CEG)
There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Nisource (NI) and Constellation Energy Corporation (CEG) with bullish sentiments.
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Nisource (NI)
Argus Research analyst Marie Ferguson maintained a Buy rating on Nisource on April 10 and set a price target of $52.00. The company’s shares closed last Monday at $47.62.
According to TipRanks.com, Ferguson is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nisource with a $49.25 average price target, a 2.7% upside from current levels. In a report issued on March 31, KeyBanc also initiated coverage with a Buy rating on the stock with a $52.00 price target.
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Constellation Energy Corporation (CEG)
BMO Capital analyst James Thalacker reiterated a Buy rating on Constellation Energy Corporation today and set a price target of $386.00. The company’s shares closed last Monday at $284.75.
According to TipRanks.com, Thalacker is a top 100 analyst with an average return of
Currently, the analyst consensus on Constellation Energy Corporation is a Strong Buy with an average price target of $376.92, a 33.2% upside from current levels. In a report issued on March 30, Wells Fargo also maintained a Buy rating on the stock with a $450.00 price target.
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