Jefferies Downgrades Public Service Enterprise Group Inc. (PEG) to Hold
Tweet
Share
E-mailGet Alerts PEG Hot Sheet
Price: $76.04 +0.14%
Rating Summary:
12 Buy, 18 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 18 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Jefferies downgraded Public Service Enterprise Group Inc. (NYSE: PEG) from Buy to Hold with a price target of $32.00 (from $35.00).
The firm cited valuation primarily due to the loss of the basis differential between New Jersey and PJM West.
FY12 EPS goes from $2.45 to $2.35 and FY13 from $2.55 to $2.35.
For an analyst ratings summary and ratings history on Public Service Enterprise Group Inc. click here. For more ratings news on Public Service Enterprise Group Inc. click here.
Shares of Public Service Enterprise Group Inc. closed at $31.61 yesterday.
The firm cited valuation primarily due to the loss of the basis differential between New Jersey and PJM West.
FY12 EPS goes from $2.45 to $2.35 and FY13 from $2.55 to $2.35.
For an analyst ratings summary and ratings history on Public Service Enterprise Group Inc. click here. For more ratings news on Public Service Enterprise Group Inc. click here.
Shares of Public Service Enterprise Group Inc. closed at $31.61 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Public Service Enterprise Group Inc. (PEG) PT Lowered to $84 at Truist Securities
- Berenberg Downgrades Inter Parfums (IPAR) to Hold
- Wolfe Research Downgrades T-Mobile (TMUS) to Peerperform
Create E-mail Alert Related Categories
DowngradesRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
