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Sempra SRE - News Analyzed: 5,492 - Last Week: 100 - Last Month: 398

β‡˜ Highs and Lows: Tracing Sempra's Market Journey amid Upgrades, Downgrades and Regulatory Challenges

Highs and Lows: Tracing Sempra's Market Journey amid Upgrades, Downgrades and Regulatory Challenges

Over time, interest in Sempra (NYSE:SRE) has surged among investment firms and insiders. Multiple parties, including Lee Danner & Bass, Andres Conesa, Advisors Asset Management, and Enhancing Capital, have increased their stakes in Sempra, signaling confidence in the company's long-term prospects. However, downgrades from Argus due to regulatory impacts and cost headwinds, along with disappointing Q4 earnings and revenue estimates, have cast a shadow over Sempra's performance, leading to declines in stock price. On the other hand, analysts, including ones from Morgan Stanley, anticipate strong price appreciation. Despite the fear of legal repercussionsβ€”a securities fraud investigation into Sempra was announcedβ€”the company was named one of the world's most admired companies and is pledging up to $1 million toward California fire relief. Jim Cramer, a prominent stock market analyst, appears divided on Sempra; while he labels it a 'sleeper stock with growth and yield,' he also raises concerns about California fires and climate affecting the company. While its Q4 results caused a slump in the stock price, Sempra remains committed to its growth plan and stands by its upcoming ventures.

Sempra SRE News Analytics from Tue, 14 May 2024 07:00:00 GMT to Sat, 22 Mar 2025 11:16:15 GMT - Rating -4 - Innovation 1 - Information 4 - Rumor -4

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