PEG Shares Dip 2.2% as $200M Volume Ranks 426th Analysts Split on Valuation and Governance Shifts

On August 21, 2025, Public Service Enterprise Group (PEG) closed with a 2.20% decline, trading at a volume of $0.20 billion, ranking 426th in daily trading activity. The utility provider, which operates through subsidiaries PSE&G and PSEG Power, faces mixed analyst sentiment as recent developments highlight both strategic and financial uncertainties. Morgan Stanley raised its price target to $63.00, while UBS downgraded the stock earlier in the month, reflecting divergent views on its valuation and growth prospects.

Key developments include the appointment of Kenneth Tanji to PEG’s board, signaling potential governance shifts, and ongoing scrutiny of its pension expenses and regulatory risks. The company’s Q2 2023 earnings report, which showed a 16.6% year-over-year revenue increase, failed to stabilize investor confidence, as the stock has fallen 2.3% since its last earnings release. Analysts remain divided, with a “Moderate Buy” consensus rating but limited optimism about short-term gains amid broader sector volatility.

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