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Fly News Breaks for February 14, 2018
NWE
Feb 14, 2018 | 07:10 EDT
Wells Fargo analyst Jonathan Reeder lowered his price target for NorthWestern to $55 from $63 primarily due to a lower group multiple, and as regulatory headwinds continue to blow. The analyst reiterates a Market Perform rating on the shares.
News For NWE From the Last 2 Days
NWE
Apr 25, 2024 | 19:29 EDT
Backs $500M capital plan for FY24. The company said, "We are also affirming our long-term (5 year) diluted earnings per share growth guidance of 4% to 6% from a 2022 base year of $3.18 diluted earnings per share on a non-GAAP basis. We expect rate base growth of 4% to 6%. Our current capital investment program is sized to provide for no equity issuances. Future generation capacity additions or other strategic opportunities may require equity financing."
