RBC Capital Maintains Outperform on Public Service Enterprise, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an 'Outperform' rating on Public Service Enterprise (NYSE:PEG) but lowered the price target from $70 to $69.
September 06, 2023 | 3:11 pm
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RBC Capital has maintained an 'Outperform' rating on Public Service Enterprise but lowered the price target from $70 to $69.
The news is directly related to Public Service Enterprise (PEG). The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could potentially impact the stock's performance in the short term.
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