Mizuho lowered the firm’s price target on New Jersey Resources to $47 from $49 and keeps a Neutral rating on the shares. The firm cites lower sector multiples for the target drop ahead of the company’s fiscal Q4 report next Tuesday.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NJR: