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YahooSeptember 23, 2026 at 1:03 PM NYLast Month

PG&E downgraded by UBS as wildfire reform catalyst fades

California utility PG&E Corp (NYSE:PCG) was downgraded to 'neutral' from 'buy' by UBS, which lowered its price target to $14 from $19 as the bank sees a growing risk that California wildfire liability reform will not advance this year. UBS said the likelihood of action on wildfire...

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