Jefferies initiated coverage of Sempra Energy (SRE) with a Buy rating and $98 price target The market under-appreciates Sempra’s growth potential with shares trailing the XLU by 15% year-to-date, contends the analyst. The firm projects a 9% EPS compound annual growth rate over 2024-28, versus the 6%-8% management target and 7.5% consensus view, the analyst noted.
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