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Fly News Breaks for January 26, 2016
PCG
Jan 26, 2016 | 07:16 EDT
Morgan Stanley analyst Stephen Byrd upgraded PG&E to Overweight and said shares appear oversold. The analyst said PG&E faces numerous regulatory risks but his $59 price target already reflects potential fines and penalties.
News For PCG From the Last 2 Days
PCG
Apr 22, 2024 | 07:12 EDT
Barclays raised the firm's price target on PG&E to $20 from $19 and keeps an Overweight rating on the shares as part of a Q1 preview for the utilities group. The analyst expects weaker quarter results for the sector due to "underwhelming" weather to start the year. However, the firm does not see many companies trending lower in the fiscal 2024 earnings range.