JPMorgan Raises Price Target on NorthWestern Energy Group (NWE)

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NorthWestern Energy Group, Inc. (NASDAQ:NWE) is simply a inferior institution providing reliable and affordable energy and earthy state to customers successful Montana, South Dakota, and Nebraska.

On December 12, JPMorgan raised its terms people connected NorthWestern Energy Group, Inc. (NASDAQ:NWE) from $60 to $61, portion maintaining its ‘Neutral’ standing connected the shares. The accommodation comes arsenic the steadfast updated its models successful the North American utilities group.

On a affirmative enactment for American powerfulness generators and distributors, the Energy Information Administration (EIA) stated successful its latest outlook that it expects the country’s energy depletion to scope grounds highs successful 2025 and 2026. The EIA projects U.S. powerfulness request to scope 4,199 cardinal kWh successful 2025 and 4,267 cardinal kWh successful 2026, driven by precocious request from information centers and cryptocurrency, arsenic good arsenic the dense usage of energy for heating and transportation.

While we admit the imaginable of NWE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None.