Wells Fargo analyst Neil Kalton lowered the firm’s price target on PPL Corp. to $30 from $32 and keeps an Overweight rating on the shares. As an execution story, PPL checked the boxes in 2023, the firm says. Looking ahead, there is much to like, in Wells’ view.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PPL:
- PPL Corp. files automatic mixed securities shelf
- PPL Corp. to Discuss Annual Financial Results in Webcast
- PPL Corp. raises quarterly dividend 7.3% to 25.75c from 24c per share
- PPL Corp. sees FY24 EPS $1.63-$1.75, consensus $1.70
- PPL Corporation reports 2023 earnings results, exceeds midpoint of forecast and extends growth targets through 2027
