UBS Maintains Neutral on Public Service Enterprise, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Ross Fowler has maintained a Neutral rating on Public Service Enterprise (NYSE:PEG) and lowered the price target from $65 to $60.
October 04, 2023 | 4:02 pm
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UBS has maintained a Neutral rating on Public Service Enterprise but lowered the price target from $65 to $60.
The news directly pertains to Public Service Enterprise (PEG). The lowered price target could indicate a less optimistic outlook for the company, but the maintained Neutral rating suggests that the overall sentiment towards the company hasn't changed significantly. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100