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NiSource price target raised to $41 from $38 at BofA

BofA raised the firm’s price target on NiSource (NI) to $41 from $38 and keeps a Buy rating on the shares. The firm expects NiSource to report 50c in Q4 EPS and marks to market for the group average 2026 multiple, the analyst tells investors in an earnings preview for the power and utilities group.

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