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Northwestern Energy Group (NASDAQ:NWE) Stock Rating Lowered by LADENBURG THALM/SH SH

Northwestern Energy Group logo with Transportation, Communications, Electric, Gas, And Sanitary Services background

LADENBURG THALM/SH SH cut shares of Northwestern Energy Group (NASDAQ:NWE - Free Report) from a strong-buy rating to a hold rating in a research note published on Monday morning, MarketBeat Ratings reports. The firm currently has $56.00 price objective on the stock.

Separately, Wall Street Zen upgraded Northwestern Energy Group from a "sell" rating to a "hold" rating in a report on Sunday.

View Our Latest Research Report on NWE

Northwestern Energy Group Price Performance

NWE stock traded down $1.16 during midday trading on Monday, reaching $52.75. 329,904 shares of the company traded hands, compared to its average volume of 467,395. Northwestern Energy Group has a 52-week low of $48.52 and a 52-week high of $59.89. The company has a market cap of $3.24 billion, a PE ratio of 13.74 and a beta of 0.37.

Northwestern Energy Group Company Profile

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NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.

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