Wells Fargo Maintains Overweight on PPL, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Overweight rating on PPL Corporation and raised the price target from $35 to $37.
September 16, 2024 | 2:06 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on PPL and increased the price target to $37, indicating a positive outlook.
The increase in price target from $35 to $37 by Wells Fargo suggests a positive outlook for PPL, likely leading to a short-term price increase. The Overweight rating indicates confidence in PPL's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100