Argus analyst Marie Ferguson upgraded Sempra Energy (SRE) to Buy from Hold. The firm notes that the company leveraging its LNG and Mexican assets to improve utility infrastructure while also citing its “success with value initiatives”, the analyst tells investors in a research note. With the unfavorable impact of regulatory disallowance fading and a new decision expected in Texas, the management’s 2026 outlook implies 8% growth, the firm adds.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRE:
- Argus upgrades Sempra Energy to Buy on ‘success with value initiatives’
- Sempra Energy upgraded to Buy from Hold at Argus
- Sempra: Upgraded Outlook, Accelerated Regulated Growth, and Capital Plan Support Buy Rating Without Equity Dilution
- Sempra Energy price target raised to $113 from $112 at Wells Fargo
- Sempra Energy reports Q4 adjusted EPS $1.28, consensus $1.17