UBS Maintains Neutral on PG&E, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Gregg Orrill maintains a Neutral rating on PG&E (NYSE:PCG) and lowers the price target from $19 to $18.

June 01, 2023 | 1:59 pm
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NEUTRAL IMPACT
UBS analyst Gregg Orrill maintains a Neutral rating on PG&E and lowers the price target from $19 to $18.
The news directly mentions PG&E and the lowered price target by UBS analyst Gregg Orrill. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The lowered price target may have a minor impact on the stock price, but the overall impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100