Bank of America Securities: Upgraded Black Hills (BKH.US) rating to "Neutral" with the potential merger with NorthWestern (NWE.US) expected to improve fundamentals.

According to the China Fortune Financial APP, Bank of America Securities released a research report, upgrading the rating of the American utility company Black Hills Corporation (BKH.US) from "underperform" to "neutral", and raising the target price from $57 to $64. Bank of America Securities believes that the strategic positioning and fundamental prospects of the merged company are expected to improve to a certain extent compared to the independent Black Hills Corporation.