JP Morgan Maintains Neutral on New Jersey Resources, Raises Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Richard Sunderland maintains a Neutral rating on New Jersey Resources (NYSE:NJR) and raises the price target from $48 to $49.
August 15, 2024 | 12:28 pm
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JP Morgan analyst Richard Sunderland maintains a Neutral rating on New Jersey Resources and raises the price target from $48 to $49.
The raised price target from $48 to $49 by JP Morgan indicates a slight positive outlook for New Jersey Resources. However, the Neutral rating suggests limited upside potential in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100