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Stock impact report

JPMorgan Raises Price Target on NorthWestern Energy Group (NWE) [Yahoo! Finance]

NorthWestern Corporation (NWE) 
Last northwestern corporation earnings: 4/22 06:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
eliza-diamond-Iw2oRD2NP2w-unsplash NorthWestern Energy Group, Inc. (NASDAQ:NWE) is a utility company providing reliable and affordable electricity and natural gas to customers in Montana, South Dakota, and Nebraska. On December 12, JPMorgan raised its price target on NorthWestern Energy Group, Inc. (NASDAQ:NWE) from $60 to $61, while maintaining its ‘Neutral' rating on the shares. The adjustment comes as the firm updated its models in the North American utilities group. On a positive note for American power generators and distributors, the Energy Information Administration (EIA) stated in its latest outlook that it expects the country's electricity consumption to reach record highs in 2025 and 2026. The EIA projects U.S. power demand to reach 4,199 billion kWh in 2025 and 4,267 billion kWh in 2026, driven by high demand from data centers and cryptocurrency, as well as the heavy use of electricity for heating and transportation. While we acknowledge the potential of NWE as an Show less Read more
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