NiSource Inc
NI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$29.00 | Lsgyn | Qtxsjptf |
NiSource: Minority Interest Sale Is the Best Option for Investors; Remains Top Utilities Pick
We are reaffirming our $32 fair value estimate for NiSource after meeting with management and learning more about the strategic decision to sell a minority stake in its largest subsidiary, NIPSCO. We are reaffirming our narrow moat and stable moat trend ratings.