Barclays Initiates Coverage On PG&E with Overweight Rating, Announces Price Target of $19
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on PG&E (NYSE:PCG) with an Overweight rating and a price target of $19.
August 23, 2023 | 9:28 am
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POSITIVE IMPACT
PG&E has been given an Overweight rating by Barclays with a price target of $19.
The Overweight rating from Barclays indicates a positive outlook for PG&E. The price target of $19 suggests that Barclays believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100