Latest news with #JamesThalacker
Business Insider
9 hours ago
- Business
- Business Insider
Nisource (NI) Gets a Buy from BMO Capital
In a report released on June 18, James Thalacker from BMO Capital maintained a Buy rating on Nisource (NI – Research Report), with a price target of $44.00. The company's shares closed last Friday at $39.52. Confident Investing Starts Here: Thalacker covers the Utilities sector, focusing on stocks such as American Electric Power, Centerpoint Energy, and CMS Energy. According to TipRanks, Thalacker has an average return of 13.4% and a 64.52% success rate on recommended stocks. In addition to BMO Capital, Nisource also received a Buy from Jefferies's Julien Dumoulin Smith in a report issued on June 10. However, on June 3, Citi assigned a Hold rating to Nisource (NYSE: NI). NI market cap is currently $18.6B and has a P/E ratio of 21.29. Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NI in relation to earlier this year. Earlier this month, Melanie B. Berman, the EVP Administration & CHRO of NI sold 6,227.00 shares for a total of $245,468.34.
Yahoo
20-05-2025
- Business
- Yahoo
NRG Price Target Raised to $167 as LS Power Acquisition Enhances Growth Profile
BMO Capital analyst James Thalacker recently raised the price target on NRG Energy, Inc. (NYSE:NRG) to $167 from $115 and kept a Market Perform rating on the shares. NRG Energy, Inc. (NYSE:NRG) operates as an energy and home services company in the United States and Canada. In an investor note, the analyst underlined that the company had announced the acquisition of a 12.9GW/6GW C&I VPP portfolio from privately held LS Power for $12.9 billion in cash, stock and assumed debt, and the advisory viewed the announcement positively given the company's enhanced business profile, visible EPS and free cash flow accretion. The acquisition of the LS Power portfolio is expected to deliver $1.6 billion of incremental adjusted EBITDA and $1 billion of free cash flow before growth, per NRG. BMO added that a re-rating for NRG shares rested upon management's ability to demonstrate the revenue synergies between its traditional energy business and Vivint's higher margin and longer customer retention model. While we acknowledge the potential of NRG, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NRG and that has 100x upside potential, check out our report about this cheapest AI stock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
06-05-2025
- Business
- Globe and Mail
Wall Street Analysts Are Bullish on Top Utilities Picks
There's a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Exelon (EXC – Research Report) and Brookfield Renewable Partners (BEP – Research Report) with bullish sentiments. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Exelon (EXC) BMO Capital analyst James Thalacker reiterated a Buy rating on Exelon yesterday and set a price target of $50.00. The company's shares closed last Friday at $46.48. According to Thalacker is a 5-star analyst with an average return of 13.5% and a 65.5% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Centerpoint Energy. ;'> Currently, the analyst consensus on Exelon is a Moderate Buy with an average price target of $48.83, which is a 4.1% upside from current levels. In a report issued on April 22, Guggenheim also maintained a Buy rating on the stock with a $47.00 price target. Brookfield Renewable Partners (BEP) In a report released yesterday, Benjamin Pham from BMO Capital maintained a Buy rating on Brookfield Renewable Partners, with a price target of $31.00. The company's shares closed last Friday at $22.83. According to Pham is a 5-star analyst with an average return of 8.0% and a 65.2% success rate. Pham covers the Utilities sector, focusing on stocks such as Algonquin Power & Utilities, TransAlta, and Fortis. ;'> Brookfield Renewable Partners has an analyst consensus of Strong Buy, with a price target consensus of $30.33, representing a 33.0% upside. In a report issued on April 24, RBC Capital also maintained a Buy rating on the stock with a $31.00 price target.
