B of A Securities Maintains Buy on PPL, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on PPL Corporation and raised its price target from $33 to $34, indicating a positive outlook for the company's stock.
August 29, 2024 | 4:19 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on PPL Corporation and increased the price target from $33 to $34, suggesting confidence in the company's future performance.
The increase in the price target from $33 to $34 by B of A Securities, along with the maintained Buy rating, indicates a positive sentiment towards PPL's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100