PSEG price target lowered to $88 from $98 at Barclays
The Fly

PSEG price target lowered to $88 from $98 at Barclays

Barclays lowered the firm’s price target on PSEG (PEG) to $88 from $98 and keeps an Overweight rating on the shares post the Q3 report. The firm sees the share underperformance as a buying opportunity. The share reaction seems overdone relative to PSEG’s long term path of nuclear optimization, the analyst tells investors in a research note.

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