U.S. Markets open in 3 hrs 32 mins

PG&E attractive following underperformance, says Argus

After PG&E underperformed the market over the last year, Argus thinks that, barring an exceptionally unfavorable outcome in the San Bruno case, the stock has discounted much of the bad news that has befallen the company. The firm keeps a $51 price target and Buy rating on the stock.