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flag Magellan Asset Management cut its NiSource stake by 12.6%, yet the company retains a "Buy" rating.

flag Magellan Asset Management Ltd reduced its stake in NiSource Inc. by 12.6% in the fourth quarter, now owning $13 million worth of shares. flag Despite this, NiSource has a "Buy" rating and a target price of $39.33. flag The company reported a net margin of 13.94% and a return on equity of 7.87% in the last quarter. flag Additionally, New Age Alpha Advisors acquired a 4.43% stake, further indicating investor interest.

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