Jefferies Raises PT on PG&E Corporation (PCG), Keeps a Buy

Group 1 - PG&E Corporation (NYSE:PCG) is considered one of the best low-cost stocks to buy, with Jefferies analyst Julien Dumoulin-Smith maintaining a Buy rating and raising the price target from $19 to $22 [1] - The introduction of a leaked wildfire bill into SB254, which is a securitization bill, has bolstered investor confidence in PG&E as the wildfire season approaches, with the bill remaining largely unchanged from its leaked version [2] - Citi analyst Ryan Levine also reiterated a Buy rating on PG&E with a price target of $21, highlighting the company's role in providing electricity and natural gas to Northern and Central California [3]