Morgan Stanley Maintains Equal-Weight on Sempra Energy, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Equal-Weight rating on Sempra Energy (NYSE:SRE) and raised the price target from $76 to $78.
September 21, 2023 | 1:12 pm
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POSITIVE IMPACT
Sempra Energy's price target has been raised from $76 to $78 by Morgan Stanley, while maintaining an Equal-Weight rating.
The news is directly about Sempra Energy. The increase in price target by a reputable financial institution like Morgan Stanley is a positive signal, which could lead to an increase in the stock price in the short term. The Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the market, which is a neutral signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100