Wells Fargo Maintains Overweight on Public Service Enterprise, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on Public Service Enterprise (NYSE:PEG) and raised the price target from $85 to $100.
October 16, 2024 | 3:33 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Public Service Enterprise from $85 to $100, maintaining an Overweight rating. This suggests a positive outlook for the stock.
The increase in price target from $85 to $100 by a reputable analyst at Wells Fargo indicates a strong positive sentiment towards Public Service Enterprise. The Overweight rating suggests that the stock is expected to outperform the market, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100