BMO Capital Maintains Market Perform on Sempra Energy, Lowers Price Target to $160
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst James Thalacker has maintained a 'Market Perform' rating on Sempra Energy (NYSE:SRE) but lowered the price target from $168 to $160.
August 07, 2023 | 12:41 pm
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Sempra Energy's price target has been lowered from $168 to $160 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintenance of the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, which may mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100