PG&E Stock Down 21% YT: Can Q4 Earnings, Wildfire Fallout Spark A Turnaround?
1. PCG is down 21% year-to-date, below key moving averages. 2. Fourth-quarter earnings expected at 31 cents EPS on $7.11 billion revenue. 3. JPMorgan maintains bullish stance, $22 price target despite selloff. 4. Positive earnings guidance could trigger a significant stock rebound. 5. Bearish trend persists, but signs of buying pressure are emerging.