PG&E shares plunged after the company said that if its equipment is responsible for the "Camp Fire," the cost of the damage would exceed its insurance coverage and harm its financial health.
Wall Street's major research firms are advising clients on what they expect from the 2018 midterm elections and how to play the market based on those outcomes.
Apple's draws downgrade from Rosenblatt Securities. Bank of America downgraded the iPhone maker Friday.
Analysts are concerned about management's decision to stop disclosing iPhone unit sales, an insight some investors have used to gauge demand for the company's latest products.
Bank of America Merrill Lynch downgrades Apple to neutral from buy following the iPhone maker's disappointing earnings outlook.
Analysts were largely pleased with CEO Mark Zuckerberg's focus on stabilizing profit margins as well as plans for greater monetization of its Messenger, WhatsApp and Instagram platforms.
Wall Street analysts raise price targets on Tesla, with many sounding more positive on Musk's ambitious company.
Goldman upgrades the defense giant to buy from neutral and places it on the firm's so-called conviction list of favorite stocks.
Housing stocks fall broadly after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector.
The Street's top analysts were largely bullish in the wake of Netflix's strong earnings and subscriber growth, pushing the stock even higher.