PG&E Corporation (PCG) has set a series of
quarterly stock dividends and has received a
buy rating from both J.P. Morgan and Jefferies, with the latter announcing a target price of $21. The corporation has declared its
fourth quarter dividend for 2025. However, opinions on the corporation's future are mixed. Many see potential because of the
grid tech pilot trial, the increasing demand from
data centers, and a proposal to power California's growth. Despite this, some believe the stock to be riskier than it appears due to
regulatory risk, and the corporation's yield is criticized for undermining the CapEx plan. The company plans a
$73 billion spending project to meet the demand from data centers. Strong
third-quarter results were announced, and the corporation has invited innovators to solve California’s energy challenge. However, the lackluster yield could undermine the corporation's future plans.
Pg e Corporation PCG News Analytics from Fri, 21 Feb 2025 08:00:00 GMT to Sat, 13 Dec 2025 21:08:44 GMT -
Rating 2
- Innovation -5
- Information 3
- Rumor -6
