JP Morgan Upgrades Sempra to Overweight, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Turnure has upgraded Sempra (NYSE:SRE) from Neutral to Overweight and increased the price target from $78 to $86.

December 12, 2023 | 10:41 am
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Sempra's stock rating has been upgraded by JP Morgan from Neutral to Overweight, with a raised price target from $78 to $86.
An upgrade by a major financial institution like JP Morgan typically signals increased confidence in a company's future performance and is often taken positively by the market. The raised price target suggests that JP Morgan sees more upside potential in SRE's stock, which could lead to a short-term increase in its share price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100