JP Morgan Raises Price Target on PEG, Maintains Neutral Rating

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JP Morgan has increased its price target for Public Service Enterprise (PEG) to $90.00 from $85.00, while maintaining a Neutral rating, an adjustment reflecting a 5.88% rise. This update follows several other analyst revisions, showcasing varied sentiments toward PEG, with some firms upgrading ratings and increasing targets. The average target price from 16 analysts is $90.36, implying a 9.02% upside from the current price, with a consensus “Outperform” status based on 22 brokerage firms.

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