PG&E Corp. (PCG) Misses Q1 EPS by 12c

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PG&E (PCG) PT Lifted at Jefferies Post Q1

May 2, 2014 9:10 AM EDT

Jefferies analyst Paul B. Fremont bumped his price target on Buy-rated PG&E Corporation (NYSE: PCG) to $51.00 (from $50.50) following Q1 results.

Fremont commented, "PCG reported 1Q EPS of $0.54, which was slightly below our estimate of $0.55 and Consensus of $0.66. The primary... More