PG&E Corporation (NYSE:PCG) is one of Best Hot Stocks Under $20 to Buy. Morgan Stanley raised its price target on PG&E Corporation (NYSE:PCG) to $23 from $21 on Feb. 20, reiterating an equal weight rating on the stock. The firm told investors it is updating its price targets for North American Regulated and Diversified Utilities/IPP stocks under its coverage for January, noting that utilities underperformed the S&P this month. In a preview of fourth-quarter earnings, Morgan Stanley anticipates some balance in the discussion over data center projects, given increased affordability and political concerns.
The same day, UBS also raised its price target on PG&E Corporation (NYSE:PCG) to $20 from $18, while maintaining a Neutral rating on the stock. PG&E Corporation (NYSE:PCG) announced its fiscal fourth quarter and full year 2025 results on February 12, reporting GAAP earnings were $0.29 and $1.18 per share for fiscal fourth quarter and full year 2025, respectively, compared to $0.30 and $1.15 for the same periods in 2024. Non-GAAP core earnings were $0.36 and $1.50 per share for the fourth quarter and full year. 2025, respectively, compared to $0.31 and $1.36 per share for the same periods in 2024.
PG&E Corporation (NYSE:PCG) generates, transmits and distributes natural gas and electricity to customers. The company specializes in utilities, electricity, energy, solar, gas and sustainability.
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Disclosure: None. This article was originally published in Internal jumpsuit.