Core Insights - MDU Resources Group, Inc. is recognized for its significant upside potential and is included in the list of the 13 Best Diversified Stocks to Buy according to hedge funds [1] - Jefferies upgraded MDU from 'Hold' to 'Buy' and raised its price target from $18 to $20, citing attractive valuation and growth potential [2] - The company is considered undervalued relative to its core business, even after accounting for potential benefits from the Bakken East Pipeline project [3] Financial Performance - MDU Resources Group has a healthy dividend yield of 3.48% and consistent earnings growth of 6-8% annually [3] - The path for the company's regulated energy delivery operations is clear as uncertainty following the spin-off subsides [3] Business Segments - MDU provides regulated energy delivery services across the U.S. through its Electric, Natural Gas Distribution, and Pipeline segments [4] - The upcoming pipeline announcement is viewed as a potential catalyst for the stock to be re-rated by the market [3]

With significant upside potential, MDU Resources Group, Inc. (NYSE:MDU) secures a spot on our list of the 13 Best Diversified Stocks to Buy According to Hedge Funds. Jefferies Upgrades MDU Resources Group, Inc. (MDU) from ‘Hold’ to ‘Buy’, Raises PT to $20 On September 19, 2025, Jefferies upgraded MDU Resources Group, Inc. (NYSE:MDU) from ‘Hold’ to ‘Buy’, raising its price target from $18 to $20. The investment firm cited the company’s attractive valuation and growth potential. Even after factoring poten ...