tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

New Jersey Resources initiated with a Hold at Jefferies

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.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1