Here’s What Analysts Are Saying About PG&E Corporation (PCG)

PG&E Corporation (NYSE:PCG) is one of the best hot stocks under $20 to buy. Morgan Stanley lifted the price target on PG&E Corporation (NYSE:PCG) to $23 from $21 on February 20, reiterating an Equal Weight rating on the shares. The firm told investors that it is updating its price targets for the Regulated & Diversified Utilities / IPPs stocks in North America under its coverage for January, and noted that utilities underperformed the S&P’s return this month. Previewing Q4 earnings, Morgan Stanley anticipates some balance in the discussion of data center pipelines, given higher affordability and political concerns.

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The same day, UBS also lifted the price target on PG&E Corporation (NYSE:PCG) to $20 from $18 while maintaining a Neutral rating on the shares. PG&E Corporation (NYSE:PCG) announced its fiscal Q4 and full-year 2025 results on February 12, reporting that GAAP earnings were $0.29 and $1.18 per share for fiscal Q4 and the full year 2025, respectively, compared to $0.30 and $1.15 for the same periods in 2024. Non-GAAP core earnings were $0.36 and $1.50 per share for Q4 and full year 2025, respectively, compared to $0.31 and $1.36 per share for the same periods in 2024.

PG&E Corporation (NYSE:PCG) generates, transmits, and distributes natural gas and electricity to customers. The company specializes in utility, electricity, energy, power, solar, gas, and sustainability.

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Disclosure: None. This article is originally published at Insider Monkey.