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This Is Why Wall Street Firms Are Bullish on Utility Play PPL Corporation (PPL) [Yahoo! Finance]

PPL Corporation (PPL) 
Last ppl corporation earnings: 2/14 08:00 am Check Earnings Report
US:NYSE Investor Relations: pplweb.investorroom.com
Company Research Source: Yahoo! Finance
Corporation (NYSE:PPL) and raised the stock's price target to $48 from $40. The bullishness underscores the research firm's confidence of a potential positive settlement in a rate case in Pennsylvania. This Is Why Wall Street Firms are Bullish on Utility Play PPL Corporation (PPL) In addition, Jefferies remains optimistic about new development opportunities in the company's joint venture with Blackstone. The research firm sees a 6% earnings-per-share upside to 16 cents, given strong capital expenditure opportunities. The company is making significant progress on its Blackstone joint venture, which could deliver 2 gigawatts and be worth 2 cents a share. On April 13, Wolfe Research raised its price target for PPL Corp. (NYSE:PPL) to $44 from $42, while maintaining an Outperform rating, citing the company's strong progress in overcoming regulatory challenges. The research firm also touted progress toward achieving a 10% compound annual growth rate in rate base. PPL Corporation (N Show less Read more
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