In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Buy rating on Public Service Enterprise (PEG – Research Report), with a price target of $80.00. The company's shares closed last Wednesday at $61.00, close to its 52-week low of $58.19. According to TipRanks.com, Tonet is a 4-star analyst with an average return of 4.9% and a 54.8% success rate. Tonet covers the Industrial Goods sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy Partners, and Magellan Midstream. Currently, the analyst consensus on Public Service Enterprise is a Moderate Buy with an average price target of $77.09, a 25.8% upside from current levels.
https://www.tipranks.com/news/blurbs/j-p-morgan-thinks-public-service-enterprises-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Public Service Enterprise (NYSE:PEG)
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Public Service Enterprise (NYSE:PEG)
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