WS Investor
01 Sep 2026, 14:28
Sempra Stock Rises 2.1% After Jefferies Upgrades Shares to Buy
Sempra (NYSE: SRE) shares rose about 2.1% Tuesday after Jefferies upgraded the energy infrastructure and utility company, providing a positive catalyst for the stock.
Jefferies raised its rating on Sempra from Hold to Buy and set a $97 price target. The target represents roughly 16% upside from the current stock price of $83.43.
Sempra operates regulated utility and energy infrastructure businesses, giving the company exposure to electricity and natural gas demand as well as longer-term investment in grid infrastructure. Utilities can also benefit when investors seek relatively defensive businesses with predictable cash flows.
Sempra’s gain suggests the Jefferies upgrade helped strengthen investor sentiment toward the stock, with the new Buy rating pointing to a more favorable risk-reward outlook.
Sempra (NYSE: SRE) shares rose about 2.1% Tuesday after Jefferies upgraded the energy infrastructure and utility company, providing a positive catalyst for the stock.
Jefferies raised its rating on Sempra from Hold to Buy and set a $97 price target. The target represents roughly 16% upside from the current stock price of $83.43.
Sempra operates regulated utility and energy infrastructure businesses, giving the company exposure to electricity and natural gas demand as well as longer-term investment in grid infrastructure. Utilities can also benefit when investors seek relatively defensive businesses with predictable cash flows.
Sempra’s gain suggests the Jefferies upgrade helped strengthen investor sentiment toward the stock, with the new Buy rating pointing to a more favorable risk-reward outlook.