Investing.com -- PG&E Corp shares could face further pressure after Wells Fargo and BMO Capital Markets downgraded the utility following California lawmakers' failure to deliver meaningful reforms to the state's wildfire liability framework, leaving investors exposed to potentially open-ended costs from future fires.
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Investing.com19d agobearish
PG&E downgraded by Wells Fargo, BMO as California wildfire reform falls shortInvesting.com36d agobearish
Wells Fargo downgrades Roku to equal weight after strong second quarterInvesting.com -- Wells Fargo downgraded Roku to Equal Weight from Overweight on Friday, saying the streaming platform's strong second-quarter results had lifted its estimates but left limited upside to its valuation as the company moves toward its planned acquisition by Fox Corp.