PG&E

David Einhorn's latest 13F highlights five long positions that share hard catalysts, cheap valuations and out-of-consensus narratives. Key holdings include Brighthouse Financial trading about 6.6% below a signed $70 all-cash takeover, PG&E positioned to benefit from AI-driven data center power demand, Fluor as a nuclear and electrification contractor with large buybacks, Green Brick Partners as a high‑margin Texas homebuilder, and Core Natural Resources benefiting from coal demand and aggressive buybacks. Einhorn frames the portfolio as merger arbitrage, utility and industrial exposure where the market is underpricing upside. » Plus sur finance.yahoo.com

PG&E announced it has exceeded 1 million customers with solar systems connected to its electric grid. Ahead of that milestone, Morgan Stanley and Truist each lowered their price targets on PG&E to $22 from $23 while maintaining their ratings. Analysts noted continued demand for utility infrastructure amid growing data center-related load, highlighting vertically integrated utilities' role in supporting that growth. » Plus sur finance.yahoo.com

UBS reiterated a Buy rating on PG&E and set a $23 price target, pointing to progress on California wildfire legislation and expected positive hearings in May as near-term catalysts through the Sept. 15 legislative session deadline. UBS ranks PG&E among the top five utilities with a projected 9% EPS growth rate and says the company need not raise equity through at least 2030. PG&E beat Q1 2026 estimates with EPS of $0.43 (consensus $0.39) and revenue of $6.88 billion (consensus $6.38 billion). » Plus sur finance.yahoo.com