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Mizuho Highlights Strong Fundamentals and Attractive Valuation for New Jersey Resources (NJR)
Yahoo Finance· 2026-01-02 15:50
New Jersey Resources Corporation (NYSE:NJR) ranks among the best hydrogen and fuel cell stocks to buy for 2026. On December 17, Mizuho upgraded New Jersey Resources Corporation (NYSE:NJR) from Neutral to Outperform, lifting its price target to $54 from $51. The rating increase is based on attractive valuation and solid fundamentals, with Mizuho stating that NJR trades at a 23% discount compared to its local distribution peer group based on 2028 consensus expectations. Mizuho claims New Jersey Resources C ...