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Morgan Stanley Adjusts Sempra Price Target to $104 From $105, Maintains Overweight Rating
Morgan Stanley has adjusted its price target for Sempra (SRE) to $104 from $105, while maintaining an “Overweight” rating on the stock. This adjustment comes amidst other analyst revisions, including BMO Capital and Wells Fargo also updating their price targets for the utility company. Sempra is involved in natural gas storage, transmission, distribution, and electricity transmission and distribution, with operations primarily in the United States and Mexico.