NiSource Inc
NI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$68.00 | Vqtxxd | Dvskbbst |
NiSource Reaches Landmark Settlement in Indiana; Deserves Premium Valuation
We are reaffirming our $32 fair value estimate for NiSource after the company announced it reached a settlement in its Indiana electric rate review case, one of the largest in recent years. We are also reaffirming our narrow moat and stable moat trend ratings.