Sempra (SRE) Confronts Legal Uncertainty, Analysts Adjust Targets

Sempra (NYSE:SRE) is one of the best infrastructure stocks to buy right now. On January 26, Jefferies’ Julian Dumoulin-Smith lowered his price target on Sempra (NYSE:SRE) to $89 from $95 and kept the Hold recommendation intact. The analyst cited California risks as the reason for the price target reduction. Sempra (SRE) Confronts Legal Uncertainty, Analysts Adjust Targets The adjustment stems from new legal challenges facing SoCalGas, a Sempra unit, over its response to the Eaton fire. This challenge, sa ...