Morgan Stanley Maintains Overweight on Public Service Enterprise, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on Public Service Enterprise (NYSE:PEG) with a $70 price target.
March 25, 2024 | 6:22 pm
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Morgan Stanley reaffirms an Overweight rating on Public Service Enterprise with a $70 price target.
The reaffirmation of an Overweight rating and a $70 price target by a prominent analyst like David Arcaro at Morgan Stanley is likely to instill confidence among investors, potentially leading to a positive short-term impact on PEG's stock price. The specific mention of the price target provides a clear benchmark for expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100