Morgan Stanley Maintains Overweight on Public Service Enterprise, Raises 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) and increased the price target from $61 to $62.
November 21, 2023 | 2:58 pm
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POSITIVE IMPACT
Morgan Stanley's analyst has reaffirmed an Overweight rating on PEG and raised the price target, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a bullish sentiment on the stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100