Public Service Enterprise (PEG) Tops Q4 EPS by 10c

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Jefferies Raised Price Target on Public Service Enterprise (PEG) to $44 Following a Strong 4Q

February 22, 2016 7:44 AM EST

Jefferies reiterated a Hold rating on Public Service Enterprise Group Inc. (NYSE: PEG), and raised the price target to $44.00 (from $43.00), following the company's 4Q earnings report. PEG reported EPS of $0.50 vs Consensus of $0.49. Mild weather impacted utility earnings and wholesale power prices, although PSEG Power... More