Wells Fargo & Company Issues Positive Forecast for Pacific Gas & Electric (NYSE:PCG) Stock Price

Market Beat
2026.01.20 16:54
portai
I'm PortAI, I can summarize articles.

Wells Fargo & Company has raised its price target for Pacific Gas & Electric (NYSE:PCG) from $23.00 to $24.00, maintaining an "overweight" rating. This suggests a potential upside of 53.76% from the stock's previous close. Other analysts have also adjusted their ratings, with Jefferies Financial Group and Barclays increasing their targets. Currently, PCG has an average rating of "Moderate Buy" with a price target of $20.64. The stock traded at $15.61, with a market cap of $34.31 billion and a P/E ratio of 13.11.