Barclays Maintains Overweight on Public Service Enterprise, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and raised the price target from $80 to $98.
October 08, 2024 | 5:40 pm
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Barclays has increased its price target for Public Service Enterprise from $80 to $98, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $80 to $98 by Barclays, along with maintaining an 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