Morgan Stanley Maintains Overweight on PPL, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Overweight rating on PPL Corporation (NYSE:PPL) and increased the price target from $28 to $30.
November 21, 2023 | 2:56 pm
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POSITIVE IMPACT
Morgan Stanley analyst reaffirms Overweight rating on PPL and raises price target to $30, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on PPL's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100