RBC Capital Maintains Outperform on Sempra Energy, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an 'Outperform' rating on Sempra Energy (NYSE:SRE), but lowered the price target from $91 to $82.
September 06, 2023 | 3:03 pm
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Sempra Energy's price target has been lowered from $91 to $82 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100