PG&E Corporation (NYSE:PCG) is upgraded by Morgan Stanley from ‘Underweight’ to ‘Equal Weight’, with a price target raised to $20 on September 18, 2025. The upgrade is due to a better risk-reward profile and improved investment conditions despite California’s wildfire risk. PCG serves customers in California with a diversified energy mix.

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Investors see PG&E Corporation (NYSE:PCG) as one of the Best Utility Stocks, with exposure to nuclear energy and a diverse energy production portfolio. The company serves northern and central California and is positioned for growth. Consider exploring the potential of PCG alongside other AI and IT stock opportunities.

Read more at Yahoo Finance: Morgan Stanley Upgrades PG&E Corporation (PCG) from ‘Underweight’ to ‘Equal Weight’, Raises Price Target to $20