Wunderlich Securities Upgrades PT To $19 On NiSource, Maintains Hold (NI)

Wunderlich Securities increased its price target on NiSource NI from $18 to $19 in a research report published today. Wunderlich has also reiterated its Hold rating on NiSource's shares, after its Q1 results were in line with market expectations. In the report, Wunderlich states, "We are maintaining our EPS estimates of $1.32, $1.42 and $1.49 for 2011, 2012 and 2013, respectively. We also maintain our Hold rating, but are increasing our target price to $19 from $18." In yesterday's trading, NiSource added 0.56% to its value to close the day at $19.63.