BofA Securities analyst Ross Fowler reinstated the Buy rating at NiSource Inc (NYSE:NI) with a price target of $37 and the Neutral rating at CenterPoint Energy, Inc (NYSE:CNP) with a price target of $29.
NI: The analyst writes that NiSource has demonstrated strong regulatory and financial execution over the past 24 months and is gaining a reputation for consistency and financial prudence.
The new senior management team has proven effective, delivering results at the high end of expectations in various conditions, adds the analyst.
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