Mizuho Maintains Neutral on New Jersey Resources, Lowers Price Target to $45-Report Released on 4 February 2024
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gabriel Moreen maintains a Neutral rating on New Jersey Resources (NJR) and lowers the price target from $47 to $45 as of 4 February 2024.

February 05, 2024 | 5:56 pm
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NEUTRAL IMPACT
Mizuho analyst Gabriel Moreen maintains a Neutral rating on New Jersey Resources and lowers the price target from $47 to $45.
The adjustment in price target by a notable analyst could influence investor sentiment, but the maintenance of a Neutral rating suggests no significant change in the company's outlook. Therefore, the impact on the stock price is likely to be moderate, leaning towards neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100