UBS lowered the firm’s price target on PG&E to $24 from $26 and keeps a Buy rating on the shares. UBS believes PG&E offers top quartile EPS growth of 9%, a top management team and credit rating upgrades to investment grade at two agencies in the coming months, the analyst tells investors in a research note.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PCG:
- Pfizer provides FY25 outlook, McCormick in talks for Sauer Brands: Morning Buzz
- White House to provide $15B low-interest loan to PG&E, WSJ reports
- PG&E price target lowered to $24 from $25 at Barclays
- PG&E price target raised to $26 from $22 at Wells Fargo
- PG&E put volume heavy and directionally bearish