NiSource Set For Outperformance But CenterPoint Energy Faces Regulatory Hurdles, Says BofA Analyst

BofA Securities analyst Ross Fowler reinstated the Buy rating at NiSource Inc NI with a price target of $37 and the Neutral rating at CenterPoint Energy, Inc 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 th ...