---
title: "Truist Financial Reaffirms Their Hold Rating on Public Service Enterprise (PEG)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296169501.md"
description: "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."
datetime: "2026-08-18T02:25:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296169501.md)
  - [en](https://longbridge.com/en/news/296169501.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296169501.md)
generator: "portal-rs"
---

# Truist Financial Reaffirms Their Hold Rating on Public Service Enterprise (PEG)

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).

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## Related News & Research

- [Equitable Holdings Inc. Makes New Investment in Public Service Enterprise Group Incorporated $PEG](https://longbridge.com/en/news/297288232.md)
- [Korea Investment CORP Invests $24.86 Million in Public Service Enterprise Group Incorporated $PEG](https://longbridge.com/en/news/296765146.md)
- [Ahead of Peak Hurricane Season, PSE&G Highlights Strong Reliability Results | PEG Stock News](https://longbridge.com/en/news/297349756.md)
- [PSE&G Introduces GridSmart Battery Program, a New Residential Battery Storage Pilot | PEG Stock News](https://longbridge.com/en/news/297044808.md)
- [Do Wall Street Analysts Like Public Service Enterprise Stock?](https://longbridge.com/en/news/295658899.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**