JP Morgan Maintains Overweight on Public Service Enterprise, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and increased the price target from $68 to $70.
December 01, 2023 | 7:26 pm
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POSITIVE IMPACT
JP Morgan analyst Jeremy Tonet reaffirmed an Overweight rating on Public Service Enterprise and raised the price target to $70.
The increase in price target by JP Morgan reflects a positive outlook on Public Service Enterprise, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100