Analyst Maintains ‘Equal Weight’ Score on PG&E Company (PCG), Worth Goal Decreased

PG&E Company (NYSE:PCG) is included among the many 11 Finest Utility Shares to Spend money on Based on Hedge Funds.

PG&E Company (NYSE:PCG) gives pure fuel and electrical service to residential and enterprise clients in northern and central California.

On December 16, Morgan Stanley barely lower its value goal on PG&E Company (NYSE:PCG) from $21 to $20, however maintained an ‘Equal Weight’ score on the shares. With Large Tech pouring tons of of billions of {dollars} into the AI race, the analyst agency highlighted that the efficiency of the utilities group will probably be closely pushed by information facilities and progress upside in 2026. The analyst suggested traders to contemplate utilities with publicity to information middle demand progress, and cautioned in opposition to corporations going through heavier affordability scrutiny, provided that 2026 is an election yr.

Earlier on December 12, JPMorgan additionally trimmed its value goal on PG&E Company (NYSE:PCG) from $22 to $21, nonetheless indicating an upside potential of just about 33% from the present share value. The agency additionally maintained its ‘Obese’ score on the shares.

On a optimistic notice, PG&E Company (NYSE:PCG) doubled its quarterly dividend to $0.05 per share on December 12, payable on January 15, 2026, to all shareholders as of the December 31 document. PCG presently boasts an annual dividend yield of 1.26%.

Whereas we acknowledge the potential of PCG as an funding, we consider sure AI shares supply higher upside potential and carry much less draw back threat. Should you’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.

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Disclosure: None.