PG&E
Jefferies Trims PG&E Price Target to $20, Maintains "Buy" Rating Amidst Bullish Outlook
San Francisco, CA – October 3, 2025 – In a significant move for the utility sector, Jefferies today announced a revision to its price target for PG&E Corporation (NYSE: PCG), lowering it from $22 to $20. Despite this adjustment, the investment bank reiterated its "Buy" rating on the