Guggenheim Upgrades Public Service Enterprise to Buy, Announces $82 Price Target
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has upgraded Public Service Enterprise (NYSE:PEG) from Neutral to Buy and set a price target of $82.
June 17, 2024 | 11:14 am
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POSITIVE IMPACT
Guggenheim has upgraded Public Service Enterprise (NYSE:PEG) from Neutral to Buy, setting a price target of $82. This upgrade is likely to positively impact the stock price in the short term.
Analyst upgrades typically lead to increased investor confidence and buying activity. The new price target of $82 suggests significant upside potential, which is likely to drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100