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Fly News Breaks for May 25, 2018
PEG
May 25, 2018 | 08:03 EDT
Morgan Stanley analyst Stephen Byrd said he expects PSEG to discuss rate base growth, the Power cash flow outlook and uses of this capital, and opportunities stemming from recent clean energy legislation at its analyst day on May 31, which he sees as likely to be a positive catalyst for the stock. Ahead of the event Byrd increased his price target on PSEG shares to $59 from $57 and he maintains an Overweight rating on the stock.
News For PEG From the Last 2 Days
