Morgan Stanley Downgrades PG&E To Equal-weight

Analysts at Morgan Stanley downgraded

from Overweight to Equal-weight. The price target for PG&E has been lowered from $56.00 to $55.00. PG&E shares have gained 20.31% over the past 52 weeks, while the S&P 500 index has surged 11.16% in the same period. PG&E shares closed at $53.55 in after-hours trading.