Jefferies Initiates Coverage On Public Service Enterprise with Hold Rating, Announces Price Target of $85
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Public Service Enterprise Group (NYSE:PEG) with a Hold rating and set a price target of $85.
September 13, 2024 | 12:42 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on Public Service Enterprise Group with a Hold rating and a price target of $85, indicating a neutral outlook.
The Hold rating suggests that Jefferies sees limited upside potential in the short term for PEG. The price target of $85 aligns with this neutral stance, indicating that the stock is fairly valued at current levels.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100