Morgan Stanley Maintains Overweight on Public Service Enterprise, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) but lowered the price target from $67 to $66.

July 21, 2023 | 3:04 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on Public Service Enterprise but lowered the price target from $67 to $66.
The news is directly about Public Service Enterprise (PEG). Morgan Stanley's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may have a slight negative impact, indicating a potential decrease in the expected return. The overall impact is neutral as the positive and negative signals balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100