Watching Edison International; Shares Spiking Lower, Muddy Waters Research Issues Report On The Company
https://muddywatersresearch.com/research/2026/oct-13/
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JP Morgan Maintains Overweight on PG&E, Lowers Price Target to $17
JP Morgan analyst Aidan Kelly maintains PG&E (NYSE:PCG) with a Overweight and lowers the price target from $18 to $17.
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These S&P 500 Stocks Are Down More Than 80% From Their All-Time Highs. Could They Be Good Contrarian Buys?
The article examines three S&P 500 stocks down over 80% from their all-time highs: Nike, PayPal, and PG&E. While deeply discounted valuations might attract contrarian investors, the author recommends caution. Nike faces persistent competitive pressures and declining consumer value perception. PayPal, despite a 82% decline, maintains solid fundamentals with 5% revenue growth and a 45% market share in online payments, making it potentially worth buying. PG&E remains burdened by wildfire liability concerns and uncertain government policy protection, making it a risky bet.