Morgan Stanley lowered the firm’s price target on Sempra Energy (SRE) to $91 from $98 and keeps an Overweight rating on the shares. Utility performance will be heavily driven by data centers and growth upside in 2026, the analyst tells investors in a year-ahead note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRE:
- Sempra Energy price target raised to $99 from $80 at Citi
- Sempra Energy price target lowered to $98 from $99 at Morgan Stanley
- Sempra Energy Faces Operational Risks and Uncertainties
- CA cost of capital PD strikes hard, Wells sees little room for CPUC improvement
- Sempra Energy upgraded to Buy from Neutral at Goldman Sachs
