JP Morgan Maintains Overweight on Public Service Enterprise, Raises Price Target to $70
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on Public Service Enterprise (NYSE:PEG) and raises the price target from $68 to $70.
August 17, 2023 | 2:32 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Public Service Enterprise and raises the price target from $68 to $70. This could potentially lead to an increase in the stock's price.
The raised price target by JP Morgan indicates a positive outlook for Public Service Enterprise. This could potentially lead to an increase in the stock's price as it suggests that the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100