Public Service Enterprise (PEG) Tops Q3 EPS by 4c

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Go back to Public Service Enterprise (PEG) Tops Q3 EPS by 4c

Public Service Enterprise Group Inc. (PEG) PT Lowered to $67 at Guggenheim

October 31, 2022 4:57 PM EDT

Guggenheim analyst Shahriar Pourreza lowered the price target on Public Service Enterprise Group Inc. (NYSE: PEG) to $67.00 (from $71.00) while maintaining a Buy rating following earnings.

The analyst commented, "PEG reported a 3Q22 EPS above consensus, narrowed 2022 guidance, while 2023 remains an uncertain earnings year. Investors showed concern around the removal of... More