Barclays Maintains Equal-Weight on PPL, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on PPL Corporation and raises the price target from $30 to $34.
October 21, 2024 | 12:57 pm
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Barclays has maintained its Equal-Weight rating on PPL Corporation while increasing the price target from $30 to $34, indicating a positive outlook.
The increase in the price target from $30 to $34 by Barclays suggests a positive outlook for PPL's stock, which could lead to a short-term price increase. The maintenance of the Equal-Weight rating indicates a balanced view, but the raised target price is a bullish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100