PPL Corporation (PPL) has received various outlooks from numerous analysts, leading to mixed reactions in the market. Despite experiencing losses, the company's stock has consistently outperformed its competitors. Recently, PPL Corp. was upgraded to
Overweight by
JPMorgan and had its stock target raised by both
Jefferies and
Barclays. The corporation continues to hold strong institutional support, with shareholders owning approximately 78% of the company. Several investment firms also significantly increased their holdings in PPL Corp, such as
IFM Investors Pty Ltd and
Ausbil Investment Management Ltd. The company's growth is largely attributed to revenue gains from transmission and data center deals. Furthermore, the firm is actively conducting
feasibility studies for expansion and has announced plans for quarterly dividend payouts. Favorably, PPL Corporation received a
$72 million federal funding award from the US Department of Energy's Office of Clean Energy Demonstrations. Still, some analysts express concerns about overvaluation and slow growth, despite solid dividends and perceived resilience.
Ppl Corporation PPL News Analytics from Mon, 05 Feb 2024 08:00:00 GMT to Sat, 26 Oct 2024 09:40:46 GMT -
Rating 5
- Innovation 1
- Information 7
- Rumor -1
