UPDATE: Jefferies Reiterates Buy Rating, Raises PT on PG&E Corporation on 4Q12 EPS
Posted on February 22, 2013 at 10:00 AM EST
In a report published Friday, Jefferies reiterated its Buy rating on PG&E Corporation (NYSE: PCG ), and slightly raised its price target from $45.00 to $46.00. Jefferies noted, “PCG reported in-line 4Q12 EPS and provided 2013 guidance of $2.55-$2.75 versus Consensus of $2.78. The lower than expected guidance was negatively