Morgan Stanley Maintains Equal-Weight on PG&E, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on PG&E (NYSE:PCG) and raises the price target from $16 to $18.
May 28, 2024 | 5:39 pm
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Morgan Stanley has maintained its Equal-Weight rating on PG&E and increased the price target from $16 to $18, indicating a positive outlook.
The increase in the price target from $16 to $18 by Morgan Stanley suggests a positive outlook for PG&E. This could lead to a short-term increase in the stock price as investors react to the updated target.
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