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PG&E price target lowered to $21 from $22 at Barclays

Barclays lowered the firm’s price target on PG&E to $21 from $22 and keeps an Overweight rating on the shares after having hosted management for investor meetings following the 2024 investor update. The firm views the meetings as “positive” and it sees strong visibility to 9% EPS growth with possible upside, the analyst tells investors.

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