Deutsche Bank Upgrades PG&E to Buy, Reduces PT to $44

Deutsche Bank upgraded its rating on PG&E PCG from Hold to Buy. At the same time, the rating agency reduced its price target on the company's stock from $45 to $44. On Thursday, PCG added 0.42% to its value to finish the day at $40.65. Its shares continued to climb in today's pre-market trading, rising 3.32% to stand around $42.