PG&E downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded PG&E citing potential criminal charges relating to the San Bruno pipeline explosion as well as valuation. The firm keeps a $45 price target for shares.
News For PCG From The Last 14 Days
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PG&E station in Silicon Valley breached for second time in two years, WSJ says Despite PG&E's efforts to bulk up security at its electrical substation for Silicon Valley following an armed attack last year, the same substation was targeted earlier this week by intruders who cut fencing and stole equipment being used for security upgrades, reported The Wall Street Journal. Reference Link