Morgan Stanley Maintains Equal-Weight on PG&E, Raises Price Target to $20
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 $19 to $20.
September 25, 2024 | 4:18 pm
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Morgan Stanley has maintained its Equal-Weight rating on PG&E and increased the price target from $19 to $20, indicating a slightly positive outlook.
The increase in price target from $19 to $20 by Morgan Stanley suggests a slightly positive outlook for PG&E, which could lead to a minor positive impact on the stock price. However, the Equal-Weight rating indicates a neutral stance, balancing the impact.
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IMPORTANCE 70
RELEVANCE 100