Wells Fargo Remains a Buy on New Jersey Resources (NJR)
I'm LongbridgeAI, I can summarize articles.Wells Fargo maintains a Buy rating on New Jersey Resources (NJR) with a $63.00 price target, following the stock's close at $58.40. The broader analyst consensus is a Strong Buy with an average target of $63.33, implying 8.44% upside. J.P. Morgan also recently maintained a Buy rating on NJR with a $64.00 target.
In a report released yesterday, from Wells Fargo maintained a Buy rating on New Jersey Resources, with a price target of $63.00. The company’s shares closed yesterday at $58.40.
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Currently, the analyst consensus on New Jersey Resources is a Strong Buy with an average price target of $63.33, an 8.44% upside from current levels. In a report released on July 14, J.P. Morgan also maintained a Buy rating on the stock with a $64.00 price target.