Morgan Stanley Maintains Overweight on Public Service Enterprise, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an 'Overweight' rating on Public Service Enterprise (NYSE:PEG) and raised the price target from $62 to $63.
September 21, 2023 | 1:09 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an 'Overweight' rating on Public Service Enterprise and raised the price target to $63.
The 'Overweight' rating indicates that Morgan Stanley expects PEG to outperform the market. The increase in the price target from $62 to $63 suggests that they see further upside potential in the stock. This is likely to have a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100