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Fly News Breaks for June 20, 2018
PCG
Jun 20, 2018 | 09:39 EDT
After looking in further depth into the largest of the Northern California wildfires, the Tubbs fire, Morgan Stanley analyst Stephen Byrd concluded that there is a "significant probability" that PG&E did not violate any vegetation management requirements and may not be the cause of this fire. Byrd, who cautions that the Tubbs fire is a large fire and "the fact pattern surrounding the cause(s) of this fire could be complex," maintains an Overweight rating and $58 price target on PG&E shares.
News For PCG From the Last 2 Days
PCG
Apr 26, 2024 | 08:06 EDT
PCG
Apr 26, 2024 | 06:27 EDT
Barclays raised the firm's price target on PG&E to $21 from $20 and keeps an Overweight rating on the shares. The shares "look cheap" into the analyst day with the company's financing plan now behind us, the analyst tells investors in a research note.
PCG
Apr 25, 2024 | 06:36 EDT
PCG
Apr 25, 2024 | 06:35 EDT
"Our focus on safety and reducing wildfire risk continues every day as we deliver for our customers and our hometowns here in California. We remain committed to building a clean, climate-resilient energy system to meet our customers' future needs at the lowest price for them," said PG&E Corporation CEO Patti Poppe.
