Truist Financial Reaffirms Their Hold Rating on Public Service Enterprise (PEG)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Richard Sunderland reaffirmed a Hold rating on Public Service Enterprise (PEG) with an $84 price target. This follows mixed sentiment in the sector, including a Hold from Goldman Sachs and a Buy rating from Wells Fargo earlier in August.
Truist Financial analyst Richard Sunderland maintained a Hold rating on Public Service Enterprise yesterday and set a price target of $84.00.
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According to TipRanks, Sunderland is a 3-star analyst with an average return of 2.9% and a 51.79% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Dominion Energy, Entergy, and American Electric Power.
In addition to Truist Financial, Public Service Enterprise also received a Hold from Goldman Sachs’s Carly Davenport in a report issued on August 11. However, on August 14, Wells Fargo assigned a Buy rating to Public Service Enterprise (NYSE: PEG).