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Sempra Energy (NYSE:SRE) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Sempra Energy (NYSE:SRE) has received a “Moderate Buy” consensus recommendation from 14 brokerages, with an average one-year price target of $103. Recent analyst ratings have been largely positive, including “overweight” or “buy” ratings from firms such as Morgan Stanley and JPMorgan, with price targets ranging from $103 to $118. The company recently raised its quarterly dividend to $0.6575 per share, and its latest earnings report saw EPS match expectations, though revenue fell below estimates.