Barclays Maintains Overweight on Public Service Enterprise, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) but lowered the price target from $64 to $62.
October 24, 2023 | 1:53 pm
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Barclays has maintained an Overweight rating on Public Service Enterprise but lowered the price target from $64 to $62.
The news is directly about Public Service Enterprise (PEG). Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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