Mizuho Maintains Buy on Sempra, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has maintained a Buy rating on Sempra (NYSE:SRE) but has reduced the price target from $83 to $79.

January 25, 2024 | 6:40 pm
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NEUTRAL IMPACT
Mizuho has maintained a Buy rating on Sempra but lowered the price target from $83 to $79, indicating continued confidence but with a slightly reduced growth expectation.
The reduction in price target by Mizuho reflects a minor adjustment in the expected stock performance of Sempra, which could lead to a short-term neutral impact on the stock price. The Buy rating indicates that the overall outlook remains positive, suggesting that any negative impact from the lowered target may be mitigated by the analyst's continued confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100