JP Morgan Initiates Coverage On PPL with Overweight Rating, Announces Price Target of $37
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on PPL Corporation with an Overweight rating and set a price target of $37.
October 25, 2024 | 12:06 pm
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POSITIVE IMPACT
JP Morgan has initiated coverage on PPL Corporation with an Overweight rating and set a price target of $37, indicating a positive outlook on the stock.
The Overweight rating and a price target of $37 from a major financial institution like JP Morgan suggest a positive sentiment towards PPL's stock, likely leading to increased investor interest and potential upward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100