Top Wall Street analysts have initiated coverage on several companies, issuing Buy ratings and setting optimistic price targets. Find out which stocks are getting a boost from these analysts and what it means for investors.
Results for: Sempra
BofA Securities analyst Ross Fowler has reinstated Buy ratings on Edison International (EIX), Pacific Gas & Electric (PCG), and Sempra (SRE), citing their attractive valuations and California’s robust wildfire risk management strategies. Despite recent wildfire events, Fowler believes the state’s policies, coupled with the utilities’ efforts to mitigate risks, present a favorable investment opportunity.