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Fly News Breaks for December 23, 2019
PCG
Dec 23, 2019 | 06:36 EDT
BofA analyst Julien Damoulin-Smith says the most recent rate case settlement by PG&E brings the company a step closer to addressing the operational issues before the June bankruptcy exit deadline. The analyst still notes that the company will likely require a higher degree of spending than it did before the Chapter 11 to develop its wildfire grid resiliency and support its outsized growth.
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.
