PG&E price target raised to $22 from $21 at BofA

BofA raised the firm’s price target on PG&E to $22 from $21 and keeps a Buy rating on the shares. The firm, which expects PG&E to report 31c in Q4 EPS, is focused on management’s outlook for wildfire policy response options and timing following the Eaton Fire, the analyst tells investors in an earnings preview for the power and utilities group.