In a report released today, David Arcaro from Morgan Stanley maintained a Buy rating on Public Service Enterprise (PEG - Research Report), with a price target of $71.00. The company's shares opened today at $59.34.Arcaro covers the Utilities sector, focusing on stocks such as NextEra Energy, Eversource Energy, and Consolidated Edison. According to TipRanks, Arcaro has an average return of -3.4% and a 45.28% success rate on recommended stocks. Currently, the analyst consensus on Public Service Enterprise is a Strong Buy with an average price target of $69.67, implying a 17.41% upside from current levels.
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