PG&E Corporation (NYSE:PCG) is one of the best hot stocks under $20 to buy. Morgan Stanley lifted the price target on PG&E Corporation (NYSE:PCG) to $23 from $21 on February 20, reiterating an Equal Weight rating on the shares. The firm told investors that it is updating its price targets for the Regulated & Diversified Utilities / IPPs stocks in North America under its coverage for January, and noted that utilities underperformed the S&P’s return this month. Previewing Q4 earnings, Morgan Stanley anticipates some balance in the discussion of data center pipelines, given higher affordability and political concerns.
The same day, UBS also lifted the price target on PG&E Corporation (NYSE:PCG) to $20 from $18 while maintaining a Neutral rating on the shares. PG&E Corporation (NYSE:PCG) announced its fiscal Q4 and full-year 2025 results on February 12, reporting that GAAP earnings were $0.29 and $1.18 per share for fiscal Q4 and the 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 Q4 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 utility, electricity, energy, power, solar, gas, and sustainability.
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Disclosure: None. This article is originally published at Insider Monkey.
