Wells Fargo Maintains Overweight on Sempra Energy, Lowers Price Target to $166
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sarah Akers has maintained an Overweight rating on Sempra Energy (NYSE:SRE) but lowered the price target from $174 to $166.

August 04, 2023 | 3:36 pm
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Wells Fargo has maintained an Overweight rating on Sempra Energy but lowered the price target from $174 to $166.
The news is directly related to Sempra Energy as Wells Fargo has maintained an Overweight rating on the company but lowered the price target. This could indicate that the analyst sees potential in the company but is adjusting expectations due to market conditions or company performance. The impact on the stock price is neutral in the short term as the rating is maintained but the price target is lowered.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100