BofA raised the firm’s price target on PG&E to $23 from $22 and keeps a Buy rating on the shares. The firm expects PG&E to report Q1 2026 EPS of 40c/share versus 33c/share in Q1 2025 and consensus estimates of 41c/share. BofA does not expect any change in EPS, EPS growth or capital spending guidance on the Q1 2026 investor call.
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