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.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SJW: