Wells Fargo analyst Neil Kalton raised the firm’s price target on PPL Corp. to $32 from $30 and keeps an Overweight rating on the shares following a solid Q1 print. The firm believes the company is on track to hit 2024 EPS guide. Wells views PPL as a candidate for positive multiple re-rating.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PPL: