Morgan Stanley Maintains Overweight on PPL, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on PPL (NYSE:PPL) but lowers the price target from $32 to $31.
June 24, 2024 | 4:16 pm
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NEUTRAL IMPACT
Morgan Stanley analyst David Arcaro maintains an Overweight rating on PPL but lowers the price target from $32 to $31.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on PPL's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100