A series of news around
PPL Corporation sheds light on the company's strategic shift and growth prospects.
Joining Blackstone aims to power
data center growth in Pennsylvania. Analysts are looking at the company’s
fundamentals because of its
Safe Capital Allocation Plans and forecasts for 2025 breakouts & breakdowns, with some
top funds rebalancing away from it. It maintains an
Outperform rating from firms such as
Evercore ISI &
BMO Capital. Utility services are getting a boost with
investments to strengthen and modernize the infrastructure and expand customer services. A
major rate hike proposal is driven by
grid modernization, while
decarbonization accelerates R&D progress. Its utilities are also aiming to add 1.3 GW of
gas-fired power, mainly to support data centers. The venture with
Blackstone makes it the ‘
biggest winner’ from the data center summit, marking a constructive shift in PPL's narrative. However, some suggest waiting for a better entry point for investing. Despite some concerns around ROE, analysts voice their confidence with a
bullish outlook and high target prices, giving PPL's stock considerable
momentum.
Ppl Corporation PPL News Analytics from Tue, 14 Jan 2025 08:00:00 GMT to Sun, 12 Oct 2025 00:23:02 GMT -
Rating 7
- Innovation 4
- Information 7
- Rumor 6