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Public Service Enterprise Group Incorporated Stock Hits Price Target of 12.61% Profit, Confirming QuantWave Forecast Accuracy

September 12, 2024
Public Service Enterprise Group Incorporated (PEG) recently achieved the price target forecast set by QuantWave, confirming the accuracy of the automated forecasting platform. On July 16, 2024, the signal was issued to take a long position on PEG when the stock was trading at $72.32. The target price of $81.44 was reached on September 12, 2024, resulting in a profit of 12.61%.

The success of this forecast can be attributed to several factors, including positive market sentiment towards the energy sector, strong financial performance by PEG, and overall bullish trends in the market. QuantWave's analytics and algorithms were able to accurately predict the upward movement of PEG, providing valuable insights to investors who capitalized on this opportunity.

QuantWave offers users access to predictions for a wide range of stocks, presenting opportunities for potential profits through data-driven insights. For investors looking to enhance their understanding of QuantWave's forecasting system, QuantSchool provides educational resources on the key principles for generating consistent income. By leveraging QuantWave's analytics and QuantSchool's professional investment framework, investors can make informed decisions and optimize their investment strategies.

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Other news for PEG

PEGMarch 22, 2025Public Service Enterprise Group : A Leading Electric Utility Stock with Strong Financial Outlook  ~2 min.

Public Service Enterprise Group Incorporated (NYSE:PEG) is a renowned electric utility company that has consistently provided reliable energy services to millions of customers....

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Public Service Enterprise Group Incorporated (PEG) received a price target increase from JPMorgan, who adjusted their target from $92 to $93 per share....

PEGMarch 19, 2025Public Service Enterprise Group Inc. (PEG) Remains a Top Performer in the Electric Utility Sector  ~2 min.

Public Service Enterprise Group Incorporated (PEG) continues to be a standout performer in the electric utility sector....

PEGMarch 14, 2025PSEG's Infrastructure Investments Support Long-Term Growth  ~1 min.

Public Service Enterprise Group Incorporated (NYSE:PEG) continues to invest in its infrastructure to ensure long-term growth and reliability....

PEGFebruary 28, 2025PSEG Supports the Workforce Development Program at the Stevens Center for Sustainability  ~1 min.

PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (PEG), a leading energy company, announced its continued support for the workforce development program at the Stevens Center for Sustainability....



Related news

PEGSeptember 12, 2024QuantWave Achieves 11.05% Profit Target Forecast for Public Service Enterprise Group Incorporated  ~2 min.

Public Service Enterprise Group Incorporated (PSEG) investors recently witnessed the successful attainment of a price target forecast by QuantWave, resulting in a remarkable 11.05% profit margin....

PEGSeptember 11, 2024QuantWave Forecast Accuracy: PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED Hits Price Target with 11.1% Profit  ~2 min.

Public Service Enterprise Group Incorporated (PSEG) investors reaped the rewards of accurate forecasting by QuantWave as the stock reached the predicted price target with an 11.1% profit margin....

PEGOctober 3, 2024QuantWave Achieves 15.18% Profit Target Forecast for PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED  ~1 min.

QuantWave, the automated forecasting platform, has successfully hit its price target forecast for PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED on October 3, 2024....

PEGMay 3, 2024QuantWave Successfully Hits Price Target Forecast for Public Service Enterprise Group Incorporated with 10.06% Profit  ~2 min.

Public Service Enterprise Group Incorporated saw its stock price hit the forecast target recently, confirming QuantWave's predictive accuracy....

PEGSeptember 25, 2024QuantWave Hits Bullseye with 13.98% Profit on PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED Forecast  ~1 min.

Public Service Enterprise Group Incorporated (PSEG) investors are celebrating as QuantWave's price target forecast for the stock proved to be incredibly accurate....