How can we mere mortals figure out stocks, when the “experts” are confused?

As I have mentioned, stock in my former employer (PEG)  is one of our largest holdings. I have owned it for 50 years or so. It’s recent financial reports were good, but it missed one estimate by one penny.

That range over the last 52 weeks was $68.29 to $96.52. Other than interest rate concerns I have no idea why. Today the price is $78.79.

Then I read this:

NewsEvercore ISI Adjusts Price Target on Public Service Enterprise Group to $92 From $99MT NEWSWIRESMay-01-2025 11:36 a.m. ETGuggenheim Adjusts Price Target on Public Service Enterprise Group to $94 From $98MT NEWSWIRESMay-01-2025 11:34 a.m. ETBMO Capital Adjusts Price Target on Public Service Enterprise Group to $81 From $83

So, who does one believe, bet on, if you will? What do they know, we don’t? Why would the stock climb $20 or so a share, why did it drop nearly $30 in the last 52 months and the go up with no change in the company to speak of?

Is there any logic or are the markets one big casino?

This inquiring mind wants to know how this works not just for this stock, but overall.

Enlighten us Jonathan.

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