The Northwest Natural rating from Truist Securities began at Hold on October 23, 2023, when the firm initiated coverage of Northwest Natural Holdings with a $54 price target.
Key Takeaways
- Truist’s Hold rating and $54 target date to October 2023.
- A quoted share price of $49.92 has no stated observation date.
Northwest Natural rating and price target
The initiation covered Northwest Natural Holdings, which trades under the ticker NWN. The $54 target was an analyst estimate, not a guaranteed share price.
The accompanying market snapshot listed NWN shares at $49.92 but did not specify when that price was observed. It therefore should not be treated as the price on the rating date or as a current quote. The subsequent status of Truist’s rating and target is not established.
Natural gas distribution business
Northwest Natural Holdings operates primarily in the utilities sector, distributing natural gas to residential, commercial and industrial customers in Oregon and southwest Washington. The rating concerns the company’s shares rather than a change to its natural gas service.
Read More News
Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
Comments
Be respectful. No spam, impersonation or private credentials. Ordinary posts and comments appear immediately; suspicious links are held for review.
Please wait…