Morgan Stanley Maintains Overweight on Public Service Enterprise, Lowers Price Target to $62
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 $66 to $62.
August 23, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on Public Service Enterprise but lowered the price target from $66 to $62.
The news is directly related to Public Service Enterprise (PEG). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target could indicate a slightly less optimistic view on the stock's future performance. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100