PG&E Corporation Releases Third-Quarter 2016 Financial Results

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Go back to PG&E Corporation Releases Third-Quarter 2016 Financial Results

Jefferies Cuts Price Target on PG&E Corp. (PCG) to $68 Following 3Q EPS Miss

November 8, 2016 7:17 AM EST

Jefferies maintained a Buy rating on PG&E Corporation (NYSE: PCG), and cut the price target to $68.50 (from $70.00), following the company's 3Q earnings report. PCG reported EPS of $0.94, coming in below consensus estimates of $1.09. Management affirmed 2016 guidance of $3.65-$3.85.

Analyst Anthony Crowdell... More

UBS Cuts Price Target on PG&E Corp. (PCG) to $64; Reiterates Neutral

November 7, 2016 7:53 AM EST

UBS maintained a Neutral rating on PG&E Corporation (NYSE: PCG), and cut the price target to $64.00 (from $67.00). UBS perceives the key challenge for now as tied to the Cost of Capital Case, which could see the cost of debt trued-up, a tailwind of ~$75 Mn or ~$0.10... More