Bullish Case: PEG's steady growth in regulated utilities and strategic shift towards clean energy investment positions it for solid market performance, capitalizing on increasing environmental regulations and demand for sustainable energy solutions.


Bearish Case: Increased regulatory scrutiny and potential rate case rejections pose significant risks to PEG's revenue streams. Additionally, high operational costs associated with transitioning to renewable energy could strain financials.


Potential Outcomes:

1) Successful rate cases boost stock, 60% chance.

2) Adverse regulatory decisions lead to 30% chance of price drop.

3) Steady adoption of clean energy sustains moderate growth, 10% chance.


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April 24, 2024


Public Service Enterprise Forecast

PEG        Public Service Enterprise
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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