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

Public Service Enterprise Group Inc. (NYSE:PEG) is included among the 12 Best Nuclear Energy Stocks to Buy Now

On January 21, 2026, Morgan Stanley raised its terms people connected Public Service Enterprise Group Inc. (NYSE:PEG) to $92 from $89 and kept an Overweight rating. The alteration came arsenic the steadfast refreshed its Regulated and Diversified Utilities and IPP sum successful North America, noting that utilities lagged the S&P 500’s instrumentality successful December.

A time earlier, connected January 20, 2026, Wells Fargo expert Shahriar Pourreza upgraded PSEG to Overweight from Equal Weight and lifted the terms people to $92 from $88. The steadfast acknowledged that 2026 could bring antagonistic headlines tied to New Jersey-related developments, but said fundamentals look to beryllium converging with valuation. Wells Fargo besides highlighted the imaginable opening of regulated procreation successful the authorities arsenic an accretive opportunity.

On January 7, 2026, Ladenburg Thalmann upgraded its standing connected PSEG from Neutral to Buy and raised its terms people to $87.50, adding to a drawstring of affirmative expert actions astir the stock.

On December 30, 2025, PSEG announced that the New York State comptroller granted last support for the hold of its operations services statement with the Long Island Power Authority. The hold began connected January 1, 2026, and runs done December 31, 2030. PSEG Long Island has operated the electrical grid connected behalf of LIPA since 2014.

Public Service Enterprise Group Inc. (NYSE:PEG) is simply a inferior holding institution with operations spanning energy and earthy state transmission, distribution, and generation. Through its subsidiaries, the institution serves customers chiefly successful New Jersey and Long Island and maintains vulnerability to merchant atomic assets.

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Disclosure: None.