Sempra Energy price target raised to $99 from $89 at Barclays

Barclays analyst Nicholas Campanella raised the firm’s price target on Sempra Energy (SRE) to $99 from $89 and keeps an Overweight rating on the shares. The firm updated the company’s model post the Q3 report. It continues to expect a full guidance refresh in February 2025 from Sempra Energy, and updated the model to reflect the latest projection including potential higher capital program driven by Texas growth.