Wells Fargo Maintains Equal-Weight on SJW Gr, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jonathan Reeder has maintained an Equal-Weight rating on SJW Group (NYSE:SJW) but has lowered the price target from $63 to $61.

October 29, 2024 | 2:21 pm
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Wells Fargo has maintained its Equal-Weight rating on SJW Group but reduced the price target from $63 to $61, indicating a slightly less optimistic outlook.
The lowering of the price target by Wells Fargo suggests a slightly less optimistic view on SJW Group's future performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100