JP Morgan Maintains Neutral on PG&E, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Turnure has maintained a Neutral rating on PG&E (NYSE:PCG) and lowered the price target from $19 to $18.
October 17, 2023 | 4:15 pm
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JP Morgan has maintained a Neutral rating on PG&E and lowered the price target from $19 to $18.
The news directly pertains to PG&E as the company's stock has been rated Neutral by JP Morgan. The lowering of the price target from $19 to $18 could potentially impact investor sentiment and the stock's short-term performance. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100