Black Hills Corporation Earns Buy Rating from Siebert Williams with $82 Target

Black Hills Corporation (BKH) was upgraded to Buy from Hold by Siebert Williams with a price target of $82. The company's president and CEO, Linden Evans, expressed support for the planned merger with NorthWestern Energy, citing its potential to create a stronger utility platform and deliver long-term value. Black Hills operates as a customer-focused, growth-oriented utility company serving 1.35 million natural gas and electric customers across several states.