Goldman Sachs Sticks to Buy Rating on PG&E Corp

Goldman Sachs analyst Carly Davenport has maintained a buy rating on PG&E Corp (PCG.US), sticking to her previous target price of $23. According to TipRanks data, Davenport's past performance has been mixed, with a success rate of 37.4% and an average return of -3.9% over the past year.

The analyst's ratings are based on the performance of TipRanks' virtual portfolio, which adjusts its holdings according to changes in Davenport's rating. This means that her recommendations have had a significant impact on the simulated portfolio's returns.

Despite this, the average return has been negative over the past year, suggesting that not all of Davenport's predictions have come true. Her success rate, however, indicates that she has made accurate calls in at least 37% of her ratings.