Barclays Maintains Overweight on Sempra, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Overweight rating on Sempra (NYSE:SRE) and increased the price target from $76 to $77, indicating a positive outlook on the company's stock.
January 22, 2024 | 3:27 pm
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Barclays has reaffirmed its Overweight rating on Sempra and raised its price target to $77, suggesting confidence in the company's future performance.
The increase in price target by Barclays reflects a positive assessment of Sempra's stock, likely due to favorable financial performance or growth prospects. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100