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BUI - PG&E upgraded by Barclays in bullish turn on utilities sector
BlackRock Utility Infrastructure & Power Opportunities Trust
PG&E (PCG+1%) is upgraded to Overweight from Equal Weight at Barclays as part of an improved outlook for the utilities sector (XLU-2.5%), saying the market is "under-appreciaing and mispricing "the stability and visibility of utility earnings earnings during the COVID-19 pandemic" compared to other sectors.
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