Barclays Maintains Overweight on Public Service Enterprise, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and increased the price target from $64 to $65.
January 22, 2024 | 3:25 pm
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Barclays has reaffirmed Public Service Enterprise's Overweight rating and raised the price target to $65, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Eric Beaumont suggests a bullish sentiment on the stock, which could lead to a positive short term impact on PEG's stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100