PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600

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Go back to PG&E and EQT Set to Join S&P 500; ExlService to Join S&P MidCap 400; Others to Join S&P SmallCap 600

ProLogis (PLD) PT Lowered to $130 at BMO Capital

September 27, 2022 11:36 AM EDT

BMO Capital analyst John Kim lowered the price target on ProLogis (NYSE: PLD) to $130.00 (from $135.00) while maintaining an Outperform rating.

The analyst commented, "We are reducing our estimate of PLD's 2022 net promote income to $377m, 18% below company guidance, due to a likely... More

Morgan Stanley and UBS Positive on PG&E Corp. (PCG) Following S&P 500 Inclusion News

September 26, 2022 12:49 PM EDT

Morgan Stanley's David Arcaro told investors in a note Monday that they see "several potential technical benefits" to the news that PG&E Corp. (NYSE: PCG) will be re-added to the S&P 500 on October 3.

The company was removed from the index in 2019, but the S&P Dow Jones Indices announced it would be re-added when it reported changes to the index after the close on Friday.

"We see several potential positive... More

PG&E Corporation (PCG) S&P 500 Addition Could Bring 15 Days of Buying Volume - UBS

September 26, 2022 8:42 AM EDT

UBS analyst Gregg Orrill reiterated a Buy rating and $18.00 price target on PG&E Corporation (NYSE: PCG) after it was announced the company will be added to the S&P 500 index effective 10/3. The firm said this could represent 15 days of buying volume

The analyst... More