UPDATE: Morgan Stanley Raises PT on Sempra Energy on Increased Value of its LNG Export Business - Sempra (NYSE:SRE)

27% profit every 20 days?

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In a report published Tuesday, Morgan Stanley analyst Stephen C. Byrd maintained an Overweight rating on Sempra Energy (NYSE: SRE) and increased its price target from $87 to $93.In the report, Morgan Stanley cited that, “We are increasing our Price Target for Sempra from $87 to $93 by factoring in (1) the value of Sempra's Mexican business established in the IEnova IPO, and (2) the full present value of its LNG export business, which we expect will receive DOE approval in 2013.”SRE closed Monday at $80.69.

27% profit every 20 days?

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