UPDATE: Goldman Sachs Raises PT to $77 on Sempra Energy; Guidance Likely Conservative

Goldman Sachs maintained Sempra Energy (NYSE: SRE ) with a Neutral rating and increased the price target from from $74.00 to $77.00. Goldman Sachs noted, "We believe upside exists to 2013 consensus and the midpoint of guidance, partially on accounting for the delays in California rate case orders coming