NorthWestern Energy upgraded by Wells Fargo to Overweight, target $90
FROM THE WIRE · SEEKINGALPHA.COM
[Glacier National Park in Montana USA] Don White/iStock via Getty Images NorthWestern Energy (NWE [https://seekingalpha.com/symbol/NWE]) gained 0.6% in Monday's trading as Wells Fargo upgraded shares to Overweight from Equal Weight with a $90 price target, raised from $70…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe upgrade lowers closing risk for the Black Hills merger, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01NorthWestern Energy gained 0.6% on Monday.
- 02Wells Fargo raised its target from $70 to $90.
- 03A regulator staff draft order recommends approving the merger.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Northwestern Energy Group Inc78.45 USDMarket closedtoday +1.11%Positive Black Hills Corporation80.20 USDMarket closedtoday +0.99%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets