Yahoo Finance

Jefferies analyst Julien Dumoulin-Smith raised the firm’s price target on PG&E to $22 from $20 and keeps a Buy rating on the shares. With wildfire reform and enhancements expected late FY25, the firm’s outlook for PG&E “remains largely unchanged from February,” the analyst tells investors in a preview. Regulatory filings in FY25 stand to strengthen the company’s 9% EPS growth guidance through FY28, the analyst added.

Stay Ahead of the Market:

• Discover outperforming stocks and invest smarter with Top Smart Score Stocks.

• Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on PCG:

Disclaimer & DisclosureReport an Issue

• PG&E price target raised to $18.50 from $17.50 at Morgan Stanley

• Unusually active option classes on open April 22nd

• PCG Earnings Report this Week: Is It a Buy, Ahead of Earnings?

• PG&E price target lowered to $22 from $23 at Barclays

• Sunrun, PG&E partner for home storage, solar to alleviate grid constraints