Bank of America has published a research report on Sempra Energy (NYSE:
SRE) initiating coverage (NYSE:
SRE).
In the report, Bank of America wrote, "We like Sempra's long-term growth story driven by its regulated utilities and gas infrastructure segments. However, we think the following weigh on the stock."
Bank of America rated Sempra a Neutral with a price target of $55.00. Sempra closed Thursday at $50.54.
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