UBS Downgrades PPL to Neutral, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Daniel Ford has downgraded PPL (NYSE:PPL) from Buy to Neutral and set a price target of $25.
October 04, 2023 | 10:52 am
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PPL has been downgraded from Buy to Neutral by UBS analyst Daniel Ford, with a new price target of $25.
The downgrade from Buy to Neutral indicates a less optimistic outlook for PPL's stock, which could lead to a decrease in demand and potentially lower the stock price. The price target of $25 also provides a benchmark that investors may use to adjust their expectations.
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