Morgan Stanley Maintains Overweight on PPL, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on PPL and raises the price target from $31 to $33.
August 23, 2024 | 4:58 pm
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Morgan Stanley has reaffirmed its Overweight rating on PPL and increased the price target from $31 to $33, indicating a positive outlook.
The increase in price target from $31 to $33 by Morgan Stanley suggests a positive outlook for PPL, likely leading to a short-term price increase. The Overweight rating indicates confidence in PPL's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100