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Fly News Breaks for February 22, 2016
PEG
Feb 22, 2016 | 07:44 EDT
Wells Fargo increased its price target on PSEG citing "a combination of higher expected EPS for PSE&G/PSEG Enterprise & higher P/E multiples for regulated utilities." The firm believes that the stock is "highly attractive relative to regulated electrics." It keeps an Outperform rating on the shares.
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