Morgan Stanley Maintains Overweight on PPL, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an 'Overweight' rating on PPL (NYSE:PPL) and raised the price target from $30 to $31.
July 21, 2023 | 3:04 pm
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POSITIVE IMPACT
Morgan Stanley's 'Overweight' rating on PPL is maintained and the price target is raised to $31, indicating a positive outlook for the stock.
The 'Overweight' rating maintained by Morgan Stanley indicates that they believe PPL's stock will outperform the market in the future. The increase in the price target from $30 to $31 suggests that they expect the stock's price to rise, which could have a positive impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100