Citi Downgrades PG&E Corporation (PCG) to Neutral
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Deutsche Bank Cuts PG&E (PCG) to Hold as Co. Faces Criminal Charges for San Bruno Accident
March 28, 2014 6:56 AM EDTDeutsche Bank downgraded PG&E Corporation (NYSE: PCG) from Buy to Hold with a price target of $45.00. The change comes as PG&E faces criminal charges in connection with the 2010 San Bruno natural gas transmission pipeline accident.
Analyst Jonathan Arnold said, "For overhang-weary PCG investors news of a new front in the San... More
