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Stock impact report

Public Service Enterprise Group: I Consider The Company A SELL (Rating Downgrade) [Seeking Alpha]

Public Service Enterprise Group Incorporated (PEG) 
Last public service enterprise group incorporated earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.pseg.com
Company Research Source: Seeking Alpha
PEG, like other utility stocks, no longer offers an attractive risk/reward, prompting me to sell my position and hold significant cash. Current market valuations appear inflated, leading me to adopt a conservative approach and issue a 'SELL' rating on PEG despite some growth prospects. I provide updated price targets and a revised thesis, emphasizing valuation concerns as the primary reason for my downgrade. James O'Neil/DigitalVision via Getty Images In this article, I mean to update my thesis on Public Service Enterprise Group ( PEG ), a company that I had invested in years ago. My last article on the company came towards the late 2022 with targets for More on my IG service The company discussed in this article is only one potential investment in the sector. Members of iREIT+ HOYA Capital get access to investment ideas with upsides that I view as significantly higher/better than this one. Consider subscribing and learning more here. This article was written by Analy Show less Read more
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