PG&E raised to Equal Weight, Edison maintained Underweight at Morgan Stanley (PCG:NYSE)

Core Viewpoint - PG&E received an upgrade from Underweight to Equal Weight with a new price target of $20, increased from $19, indicating improved confidence in the utility's investment strategy [4] Group 1: Company Performance - PG&E's stock declined by 1.1% in Thursday's trading despite the upgrade, reflecting market reactions to the news [4] - Morgan Stanley's analysis suggests a more favorable outlook on PG&E's investment, which may influence future performance [4]