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Wall Street Analysts Are Neutral on Top Utilities Picks

Tipranks - Sat Feb 21, 7:16AM CST

Analysts fell to the sidelines weighing in on PG&E (PCGResearch Report) and Exelon (EXCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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PG&E (PCG)

In a report released today, Gregg Orrill from UBS maintained a Hold rating on PG&E, with a price target of $20.00. The company’s shares closed last Thursday at $18.10.

According to TipRanks.com, Orrill is a 3-star analyst with an average return of 1.8% and a 65.1% success rate. Orrill covers the Utilities sector, focusing on stocks such as Edison International, Portland GE, and PPL. ;'>

Currently, the analyst consensus on PG&E is a Strong Buy with an average price target of $21.56, a 20.6% upside from current levels. In a report issued on February 13, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $17.50 price target.

See the top stocks recommended by analysts >>

Exelon (EXC)

In a report released today, Joseph Parkhill from UBS maintained a Hold rating on Exelon, with a price target of $51.00. The company’s shares closed last Thursday at $47.36.

According to TipRanks.com, Parkhill is a 3-star analyst with an average return of 15.3% and a 66.7% success rate. Parkhill covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, WEC Energy Group, and Southern Co. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Exelon with a $49.00 average price target, a 4.0% upside from current levels. In a report issued on February 13, Scotiabank also maintained a Hold rating on the stock with a $47.00 price target.

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