Technical Analysis: NI's stock shows a bullish trend with recent price action forming higher lows. The stock closed at $40.07 on February 21, 2025, with strong volume of 5.46M shares . The price has maintained support above the $39.50 level.
News Sentiment & Analyst Outlook:
Price Prediction for Next Week: Based on technical indicators and positive analyst sentiment, NI is expected to test resistance at $41.00 level. Support remains at $39.50.
Target Prices for Next Week:
Recommendation: BUY Entry point at current levels ($40.07) appears favorable given:
Set stop loss at $39.40 to manage risk.
The price of NI is predicted to go up 4.56%, based on the high correlation periods with XPO. The similarity of these two price pattern on the periods is 96.52%.
NI
XPO
We expect the dividend to grow near 6% annually during the next few years before accelerating to keep pace with earnings in 2026 and beyond.
NiSource's plan to replace coal generation with renewable energy in Indiana supports the state policymakers' desire to cut the state's carbon emissions.
New legislation has improved the regulatory framework in Indiana for NiSource's electric and natural gas distribution utilities.
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