BMO Capital Lifts PG&E Price Target to $22 From $21, Keeps Market Perform
BMO Capital raised its PG&E price target to $22.00 from $21.00 and kept a Market Perform rating, per Dow Jones Newswires citing Benzinga data.
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what happened
BMO Capital raised its price target on PG&E shares to $22.00 from $21.00, while keeping its Market Perform rating unchanged. The update was reported on October 26, 2026 by Dow Jones Newswires, which drew the information from Benzinga's ratings feed.
The move is a small adjustment of one dollar and leaves the broker's neutral stance in place, signaling no change in its view of the utility's business.
why it matters
PG&E is a California utility, so its shares tend to react to regulatory decisions, wildfire risk and sentiment across the power sector. A target change of this size from a single broker is routine and usually has limited effect on the stock, though it reflects analysts' updated earnings expectations.
tags
instruments
sources
- PG&E Price Target Raised to $22.00/Share From $21.00 by BMO Capital — Dow Jones Newswires, 26 October 2026 at 17:36 UTC
- Medpace Holdings Price Target Raised to $670.00/Share From $600.00 by BMO Capital — Dow Jones Newswires, 26 October 2026 at 17:35 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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