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Analysts Are Bullish on Top Utilities Stocks: Centuri Holdings, Inc. (CTRI), Sempra Energy (SRE)

Tipranks - Sat May 9, 7:08AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Centuri Holdings, Inc. (CTRI) and Sempra Energy (SRE) with bullish sentiments.

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Centuri Holdings, Inc. (CTRI)

In a report released today, Joe O’Dea from Wells Fargo maintained a Buy rating on Centuri Holdings, Inc., with a price target of $37.00. The company’s shares closed last Thursday at $33.60.

According to TipRanks.com, O’Dea is a 5-star analyst with an average return of 11.7% and a 58.5% success rate. O’Dea covers the Industrial Goods sector, focusing on stocks such as Emerson Electric Company, Honeywell International, and Stanley Black & Decker. ;'>

Currently, the analyst consensus on Centuri Holdings, Inc. is a Hold with an average price target of $33.28, implying a -11.3% downside from current levels. In a report issued on May 2, TipRanks – Google also upgraded the stock to Buy with a $44.00 price target.

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Sempra Energy (SRE)

In a report released yesterday, Alex Kania from BTIG maintained a Buy rating on Sempra Energy, with a price target of $106.00. The company’s shares closed last Thursday at $91.57, close to its 52-week high of $95.77.

According to TipRanks.com, Kania is a 3-star analyst with an average return of 3.3% and a 55.4% success rate. Kania covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Chesapeake Utilities, and WEC Energy Group. ;'>

Currently, the analyst consensus on Sempra Energy is a Strong Buy with an average price target of $106.00, implying a 15.0% upside from current levels. In a report issued on April 22, BMO Capital also maintained a Buy rating on the stock with a $105.00 price target.

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