Mizuho Maintains Neutral on New Jersey Resources, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gabriel Moreen maintains a Neutral rating on New Jersey Resources (NYSE:NJR) and raises the price target from $45 to $47.
September 20, 2024 | 5:28 pm
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Mizuho has maintained a Neutral rating on New Jersey Resources while increasing the price target from $45 to $47, indicating a slightly positive outlook.
The increase in price target from $45 to $47 suggests a slightly positive outlook for NJR, although the Neutral rating indicates no strong buy or sell recommendation. This could lead to a modest positive impact on NJR's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100