Habib Ur Rehman
1 min read
In This Article:
Stifel raised its price target on Northwest Natural Gas (NYSE:NWN) from $45 to $49 and maintained a Buy rating on the stock in early June. It followed the first-quarter report that came in ahead of expectations once one-time items were accounted for.
What made this note stand out wasn’t just the earnings beat; it was the firm’s reaction to NWN’s new reporting structure. The company has started breaking out results for its Water Utility and SiEnergy segments separately. Stifel analyst viewed this as a meaningful improvement and noted it as a necessary step for investors to follow what it sees as the most promising parts of NWN’s business.
A technician inspecting a bundle of natural gas piping in a refinery.
The valuation shift, now based on 2026 estimates instead of earlier years, also marks a longer-range perspective. In Stifel’s view, the story’s not just about stable earnings now, but about having a clearer window into growth that had previously been bundled and obscured.
While we acknowledge the potential of NWN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
