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Stock impact report

JPMorgan Raises New Jersey Resources Corporation (NJR) Price Target to $56 [Yahoo! Finance]

NewJersey Resources Corporation (NJR) 
Last newjersey resources corporation earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.njresources.com
Company Research Source: Yahoo! Finance
New Jersey Resources Corporation (NYSE: NJR is among the 11 Most Undervalued Utility Stocks to Buy Now JPMorgan Raises New Jersey Resources Corporation (NJR) Price Target to $56 On February 12, JPMorgan Chase raised its price target on New Jersey Resources Corporation (NYSE:NJR) to $56 from $52 and reiterated an Overweight rating. During New Jersey Resources Corporation (NYSE:NJR)'s fiscal Q1 2026 earnings call, management set initial FY2026 NFEPS guidance at $3.03–$3.18 and subsequently increased it by $0.25 to $3.28–$3.43 following strong winter energy services performance — marking the sixth consecutive annual guidance raise. The outlook aligns with a 7%–9% long-term NFEPS growth target. NJR reaffirmed its five-year $4.8–$5.2 billion CapEx plan through FY2030 (~$5.0 billion midpoint), approximately 40% above the prior five-year period, with more than 60% allocated to New Jersey Natural Gas, expected to contribute roughly 70% of FY2026 NFEPS. Additional growth drivers inclu Show less Read more
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