PG&E Corporation (NYSE:PCG) is ranked among the most active stocks to buy by Wall Street analysts. UBS maintained its Neutral rating and $19 price target for PCG following a CPUC ruling on capital cost restrictions. The CPUC raised PG&E’s capital cost limitations for energization spending by $1.47 billion, below requested levels. UBS believes PCG won’t need to issue more shares to finance the spending increase.

The firm is awaiting guidance from PG&E and monitoring future wildfire and ratebase securitization legislation as the California legislative session is set to end on September 12. PG&E Corporation (NYSE:PCG) serves over 16 million individuals in Northern and Central California. While PCG shows investment potential, some AI stocks offer greater upside potential and lower downside risk.

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Read more at Yahoo Finance: UBS Maintains Neutral Rating on PG&E (PCG) Following CPUC Ruling