This is a sell-side target adjustment with a maintained positive rating, which may affect sentiment and short-term trading, but the impact is likely limited and the specific ticker PEG is not included in the provided active_symbols list.
Analyst Loweres Public Service Enterprise Group (PEG) Price Target by $5 Sultan Khalid Sun, May 31, 2026 at 2:56 AM GMT+2 1 min read PEG Public Service Enterprise Group Incorporated (NYSE: PEG ) is included among the 15 Best Nuclear Power Stocks to Buy According to Wall Street Analysts . Analyst Loweres Public Service Enterprise Group (PEG) Price Target by $5 Public Service Enterprise Group Incorporated (NYSE:PEG) is a predominantly regulated energy company that engages in the provision of electric and gas services. On May 21, Morgan Stanley lowered its price target on Public Service Enterprise Group Incorporated (NYSE:PEG) from $94 to $89, but maintained an ‘Overweight’ rating on the shares.
The revised target, which still represents an upside of over 11% from the current levels, comes after the analyst firm adjusted its estimates for the North American Regulated & Diversified Utilities / IPPs group in April. Morgan Stanley highlighted that the utilities sector surged by only 2% during the month, underperforming the 10. 4% gains delivered by the overall S&P during the period.
The target comes despite Public Service Enterprise Group Incorporated (NYSE:PEG) exceeding estimates in its Q1 report earlier this month, helped by the extreme winter weather that lifted demand across its electric and gas businesses. The utility reaffirmed its full-year 2026 operating earnings guidance of $4. 28 to $4.
40 per share, indicating a 7% YoY growth at the midpoint ( read more details here ). While we acknowledge the potential of PEG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .
READ NEXT: 12 Best LNG Stocks to Buy in 2026 and 10 Best Clean Energy Stocks to Buy Right Now Disclosure: None. Follow Insider Monkey on Google News .
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