Mizuho Maintains Underperform Rating for Black Hills: Here's What You Need To Know

Mizuho has decided to maintain its Underperform rating of Black Hills BKH and lower its price target from $60.00 to $56.00.

Shares of Black Hills are trading up 0.65% over the last 24 hours, at $61.64 per share.

A move to $56.00 would account for a 9.15% decline from the current share price.

About Black Hills

Black Hills Corp is a U.S.-based energy company that operates through its regulated Electric Utilities, regulated Gas Utilities, Power Generation and Mining segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.