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Fly News Breaks for August 7, 2019
NI
Aug 7, 2019 | 08:24 EDT
As previously reported, Credit Suisse analyst Michael Weinstein downgraded NiSource to Neutral from Outperform after another explosive incident occurred in Pennsylvania last week, apparently caused by the failure to install a pressure regulator during main replacement in the neighborhood. As a result, town supervisors issued "cease and desist" orders to Columbia Gas barring them from work until further notice, he notes. The analyst also lowered his price target on the shares to $29 from $33.
News For NI From the Last 2 Days
