Barclays Maintains Overweight on PG&E, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Overweight rating on PG&E (NYSE:PCG) and raises the price target from $24 to $25.
October 21, 2024 | 12:55 pm
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Barclays analyst Nicholas Campanella has maintained an Overweight rating on PG&E and increased the price target from $24 to $25, indicating a positive outlook on the stock.
The increase in the price target from $24 to $25 by Barclays suggests a positive sentiment towards PG&E's future performance. Maintaining an Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100