Jefferies lowered the firm’s price target on PPL Corp. (PPL) to $38 from $39 and keeps a Buy rating on the shares. Despite trimming the firm’s target, the analyst identifies PPL as “a top utility idea for 2025” with its Kentucky generation opportunity coupled with Pennsylvania transmission potential to support new data centers.
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Read More on PPL:
- PPL Corp. price target raised to $36 from $31 at Citi
- PPL Corp. initiated with an Outperform at BMO Capital
- PPL Corp. price target lowered to $35 from $36 at Morgan Stanley
- Talen Energy: Susquehanna permitted to decrease amount of power supply provided
- PPL Projects Strong Growth at EEI Conference
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
