$PCG PG&E resumed with a Buy at Goldman Sachs Goldman Sachs analyst Michael Lapides resumed coverage of PG&E with a Buy rating and $14 price target. The analyst sees a path to "more normalized" earnings power by 2022 and views the regulatory changes regarding wildfire related risks for utilities in California as a "significant improvement." PG&E is a stock value-oriented investors with a 12-month horizon should own with 50% upside potential, Lapides tells investors in a research note. Read more at: thefly.com/landingPageNews....
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