Guggenheim Raises Price Target for NiSource (NI) to $43, Maintains Buy Rating | NI Stock News

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May 08, 2025
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On May 8, 2025, Guggenheim maintained its Buy rating on NiSource (NI, Financial) and raised the price target from $42.00 to $43.00. This adjustment represents a 2.38% increase in the price target, signaling a positive outlook for the company's stock performance.

NiSource (NI, Financial) continues to receive a favorable assessment from analyst Shahriar Pourreza, who has consistently shown confidence in the company's potential. The new price target of $43.00 reflects Guggenheim's expectations of NiSource's continued growth and value in the market.

Investors should note that NiSource's (NI, Financial) current and prior ratings remain at Buy, indicating sustained trust in the company's business strategy and market position.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 14 analysts, the average target price for NiSource Inc (NI, Financial) is $43.25 with a high estimate of $48.15 and a low estimate of $35.34. The average target implies an upside of 8.31% from the current price of $39.93. More detailed estimate data can be found on the NiSource Inc (NI) Forecast page.

Based on the consensus recommendation from 17 brokerage firms, NiSource Inc's (NI, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for NiSource Inc (NI, Financial) in one year is $29.52, suggesting a downside of 26.07% from the current price of $39.93. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the NiSource Inc (NI) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.