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      PG&E Corporation Downgraded by Jefferies Amid Concerns

      PG&E Corporation, listed on the New York Stock Exchange under the ticker PCG, has recently been identified as a prominent utility stock. However, on March 23, Jefferies downgraded the company from a Buy to a Hold, reflecting a shift in their investment outlook.

      The research firm also lowered its price target for PG&E from $20 to $19. This decision comes amid growing concerns regarding the company's future prospects, indicating a cautious stance from Jefferies as they reassess the utility's performance in the market.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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