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SJW Group price target raised to $60 from $57 at Wells Fargo

Wells Fargo raised the firm’s price target on SJW Group (SJW) to $60 from $57 and keeps an Equal Weight rating on the shares following strong Q1 results, with management affirming guidance. The firm continues to believe there could be upside to its EPS forecast but remains mindful of execution, regulatory and financing risks.

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