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Morgan Stanley Updates PG&E (PCG) Outlook Amid Data Center Growth and Utility Sector Laggard Performance
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Why This Matters
Morgan Stanley raised the price target on PG&E (PCG) to $21, maintaining an Equal Weight rating, driven by data center growth and a refreshed outlook on the utility sector.
Market Impact
Market impact analysis based on bullish sentiment with 70% confidence.
Sentiment
Bullish
AI Confidence
70%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
PG&E Corporation (NYSE:PCG) is one of the best inexpensive stocks to buy now. On January 21, Morgan Stanley raised the price target on PG&E to $21 from $20 while keeping an Equal Weight. Morgan Stanley is refreshing its outlook on North American Regulated & Diversified Utilities and Independent Power Producers. The firm noted that the […]
Original article published by
Yahoo Finance
on January 29, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.