Mizuho analyst Anthony Crowdell lowered the firm’s price target on NorthWestern Energy to $59 from $60 and keeps a Neutral rating on the shares. The lack of scale and jurisdictional diversity leaves the company more exposed to macroeconomic and regulatory headwinds than its larger peers, the analyst tells investors in a research note. The firm anticipates the stocks will continue to struggle in the second half of the year.
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