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Upside Target Met In Nisource (NI)

Posted on: Tuesday, May 23rd, 2017

NiSource, Inc. (NI) traded as high as $25.33 per share this morning to meet our $25.25 initial upside target, first mentioned in our April 24th Asbury Alert entitled Nisource, Inc. (NI) Resuming Its November Advance (access requires subscription), capturing a 4% gain in just about 1 month.

During the same period, NI also outperformed the S&P 500 by 3.2%.

Here is the chart from our April 24th report.

Nisource (NI) daily from Q4 2016 through April 24th

Here is the updated version of that chart as of this morning.

Nisource (NI) daily from Q4 2016 to May 23rd

 

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