Morgan Stanley Maintains Overweight on Public Service Enterprise, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and raised the price target from $83 to $95.
September 23, 2024 | 12:25 pm
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Morgan Stanley has increased its price target for Public Service Enterprise from $83 to $95, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $83 to $95 by Morgan Stanley, along with the maintained Overweight rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100