Morgan Stanley Lowers Price Target for Public Service Enterprise Group (PEG) by $5
On May 21, Morgan Stanley reduced its price target for Public Service Enterprise Group Inc. (NYSE: PEG) from $94 to $89 while maintaining an 'Overweight' rating. The adjustment follows a broader revision of estimates in the North American Regulated & Diversified Utilities / IPPs sector.
Topics: Morgan Stanley Stock Analysis Utilities