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Cuts PG&E to 'hold' on California Wildfire Reform Uncertainty","url":"https://stock-news.laohu8.com/highlight/detail?id=2664148874","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664148874?lang=en_us&edition=fundamental","pubTime":"2026-09-03 20:29","pubTimestamp":1788438565,"startTime":"0","endTime":"0","summary":"BUZZ-Truist cuts PG&E to 'hold' on California wildfire reform uncertainty** Brokerage Truist Securities downgrades PG&E CorpPCG.Nto \"hold\" from \"buy\" and cuts its price target to $17 from $21** Brokerage says stalled California wildfire liability reform efforts have reduced confidence in the utility's path forward** Says PG&E's strategic review could leave key questions unresolved into 2027 and test investor patience** Expects seasonal wildfire risks and limited post-2028 visibility to weigh on investor interest** Says prospects for a legislative special session remain uncertain, with a range of outcomes possible even if lawmakers revisit reforms** 9 of 18 brokerages rate the stock \"buy\", 9 \"hold\"; median PT is $21 - LSEG data** At last close, PCG down 17% YTD","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260903:nL4N44V0YM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PCG","IE00BD4GTT62.SGD","BK4081","IE00BD4GTV84.USD","LU2346227817.USD","LU2449327464.USD","BK4585","LU0170899867.USD","BK4588","IE00BD4GTW91.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664674874","title":"PG&E (PCG) Gets a Buy from 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The company’s shares closed yeste...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/goldman-sachs-sticks-to-its-buy-rating-for-pge-pcg-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/goldman-sachs-sticks-to-its-buy-rating-for-pge-pcg-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PCG"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664287568","title":"Mizuho Adjusts Price Target on PG&E to $14 From $16, Maintains Neutral 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an","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["IE00BD4GTV84.USD","IE00BD4GTT62.SGD","LU0170899867.USD","IE00BD4GTW91.USD","PCG","LU2449327464.USD","BK7062","PCG.AU","BK4081","BK4585","BK4588","LU2346227817.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664818878","title":"PG&E Teams Up With Google, Tesla on Virtual Power Plant Program","url":"https://stock-news.laohu8.com/highlight/detail?id=2664818878","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664818878?lang=en_us&edition=fundamental","pubTime":"2026-09-03 17:07","pubTimestamp":1788426475,"startTime":"0","endTime":"0","summary":"PG&E  unit Pacific Gas and Electric has teamed up with Alphabet's  Google and Tesla  on a virtual power plant program aimed at helping communities benefit from growing electric demand, Pacific Gas said Thursday.The companies, along with Carrier Global , Sunrun , Rewiring America, and others will deploy the new plant.The power plant is a proof-of-concept that combines enrollment of existing home energy devices with regional deployment of privately funded new electrification technologies, Pacific Gas said.The company is working with Tesla, Sunrun, and Renew Home to enroll about 21,000 existing flexible energy devices into the program.Under the initiative, Google will fully fund customer incentives, technology deployment and program delivery, Pacific Gas said.The program is expected to run through 2027, with initial findings likely in late 2026 or early next 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sentiments....","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/wall-street-analysts-are-bullish-on-top-utilities-picks-blurbs-news-14?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/wall-street-analysts-are-bullish-on-top-utilities-picks-blurbs-news-14?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PCG","TPZ","IE00BD4GTW91.USD","BK4585","BK4588","IE00BMG7P819.SGD","IE000HOSIQF4.USD","IE00BMG7P587.USD","IE00BD4GTV84.USD","LU0170899867.USD","IE000WXP2NQ0.USD","ETR","IE000SL1IH01.SGD","BILT","LU2449327464.USD","LU2346227817.USD","IE00BD4GTT62.SGD","RCTR","BK4081","LU0320765489.SGD","LU0070302665.USD","IE00BMG7P926.USD","IE00BMG7P702.HKD","LU2463526074.USD","BK4606","IE00BMG7P694.USD","LU0208291251.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2664420846","title":"Update: PG&E Shares Fall After $2 Billion 2027 Investment Deferral Plan, Strategic Review","url":"https://stock-news.laohu8.com/highlight/detail?id=2664420846","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2664420846?lang=en_us&edition=fundamental","pubTime":"2026-09-03 03:40","pubTimestamp":1788378001,"startTime":"0","endTime":"0","summary":"PG&E  shares fell 5.9% in Wednesday trading after it said it expects to defer about $2 billion of planned investment in 2027 and is launching a strategic review of its businesses, as it looks for ways to improve customer affordability while maintaining its safety performance.The moves come after the state of California legislature recently rejected provisions in Senate Bill 492 that would limit the amount of money people could recover from utilities for equipment-caused wildfires.\"Over the last several years, PG&E has made meaningful progress improving safety, reliability and affordability for our customers,\" CEO Patti Poppe said in a statement. \"But California's wildfire liability framework continues to create financing risks that drive higher costs, affect customer affordability, and limit investment in the energy system. Something has to change so that we can better serve our customers. That's why we're taking action today.PG&E expects to provide updates on its strategic review duri","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4081","LU2449327464.USD","LU0170899867.USD","PCG.AU","IE00BD4GTT62.SGD","IE00BD4GTW91.USD","IE00BD4GTV84.USD","BK4588","PCG","BK7062","BK4585","LU2346227817.USD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":10,"pageCount":1,"totalSize":200,"code":"91000000","status":"200"}]}}