BMO Capital raised the firm’s price target on PPL Corp. (PPL) to $42 from $41 and keeps an Outperform rating on the shares after hosting investor meetings with its management team. The company remains confident in its 6%-8% EPS growth, expecting to be near the top of the range, anchored off 2025 earnings, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PPL:
- PPL Corp. price target raised to $40 from $39 at Mizuho
- PPL Electric Seeks Rate Increase to Fund Grid Upgrades
- PPL Electric reaches settlement with Pennsylvania PUC over rate increase
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 8
- Clearing Regulatory Hurdles While Unlocking Underappreciated Growth at PPL
