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Reading: Morgan Stanley Raises its Worth Goal on Public Service Enterprise Group Inc. (PEG) to $92 and Stored an Obese Score
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Money

Morgan Stanley Raises its Worth Goal on Public Service Enterprise Group Inc. (PEG) to $92 and Stored an Obese Score

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Last updated: February 7, 2026 12:25 pm
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Morgan Stanley Raises its Worth Goal on Public Service Enterprise Group Inc. (PEG) to  and Stored an Obese Score
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Public Service Enterprise Group Inc. (NYSE:PEG) is included among the many 12 Greatest Nuclear Vitality Shares to Purchase Now

Morgan Stanley Raises its Price Target on Public Service Enterprise Group Inc. (PEG) to $92 and kept an Overweight rating.
Morgan Stanley Raises its Worth Goal on Public Service Enterprise Group Inc. (PEG) to $92 and stored an Obese score.

On January 21, 2026, Morgan Stanley raised its value goal on Public Service Enterprise Group Inc. (NYSE:PEG) to $92 from $89 and stored an Obese score. The change got here because the agency refreshed its Regulated and Diversified Utilities and IPP protection in North America, noting that utilities lagged the S&P 500’s return in December.

A day earlier, on January 20, 2026, Wells Fargo analyst Shahriar Pourreza upgraded PSEG to Obese from Equal Weight and lifted the worth goal to $92 from $88. The agency acknowledged that 2026 might convey damaging headlines tied to New Jersey-related developments, however mentioned fundamentals look like converging with valuation. Wells Fargo additionally highlighted the potential opening of regulated technology within the state as an accretive alternative.

On January 7, 2026, Ladenburg Thalmann upgraded its score on PSEG from Impartial to Purchase and raised its value goal to $87.50, including to a string of constructive analyst actions across the inventory.

On December 30, 2025, PSEG introduced that the New York State comptroller granted last approval for the extension of its operations companies settlement with the Lengthy Island Energy Authority. The extension started on January 1, 2026, and runs by way of December 31, 2030. PSEG Lengthy Island has operated the electrical grid on behalf of LIPA since 2014.

Public Service Enterprise Group Inc. (NYSE:PEG) is a utility holding firm with operations spanning electrical energy and pure gasoline transmission, distribution, and technology. By means of its subsidiaries, the corporate serves prospects primarily in New Jersey and Lengthy Island and maintains publicity to service provider nuclear belongings.

Whereas we acknowledge the potential of PEG as an funding, we consider sure AI shares supply better upside potential and carry much less draw back threat. In case you’re on the lookout for a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring pattern, see our free report on the finest short-term AI inventory.

READ NEXT: 12 Greatest Nuclear Vitality Shares to Purchase Now and 12 Greatest HVAC Shares to Purchase Now

Disclosure: None.

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