Wells Fargo Maintains Overweight on Public Service Enterprise, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and increased the price target from $68 to $70.

March 19, 2024 | 10:48 am
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Wells Fargo analyst Neil Kalton has reaffirmed an Overweight rating on Public Service Enterprise and raised the price target from $68 to $70.
The increase in the price target by a reputable analyst such as Neil Kalton from Wells Fargo is a strong positive signal for Public Service Enterprise. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to be viewed positively by the market, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100