UBS Maintains Neutral on Public Service Enterprise, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Ross Fowler maintains a Neutral rating on Public Service Enterprise (NYSE:PEG) but raises the price target from $87 to $94.

September 24, 2024 | 2:05 pm
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UBS analyst Ross Fowler maintains a Neutral rating on Public Service Enterprise (NYSE:PEG) while increasing the price target from $87 to $94, indicating a positive outlook despite the neutral stance.
The increase in the price target from $87 to $94 suggests a positive outlook for Public Service Enterprise, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100