Jefferies analyst Julien Dumoulin-Smith initiated coverage of New Jersey Resources (NJR) with a Hold rating and $51 price target Commercial solar capex remains “a key question mark,” but the firm sees the company’s overall long-term trajectory as strong, though it also views shares as fairly valued compared to peers on the firm’s forecasts.
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Read More on NJR:
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- New Jersey Resources reports Q1 adjusted EPS $1.29, consensus $1.06
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