Benzinga
07 Aug 2026, 05:27 UTC · 1h ago
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Analysts expect PPL Corporation to report Q2 earnings of $0.34 per share and revenue of $2.21 billion, both increases over the previous year. — Positive year-over-year growth in earnings and revenue typically supports a higher stock price upon confirmation.
+0.30JP Morgan raised its price target for PPL to $45, while BMO Capital and Barclays also increased targets to $40 and $41 respectively. — Upward price target revisions from major institutions signal bullish sentiment and potential upside.
+0.20Bank of America Securities maintained a Buy rating but lowered its price target for PPL from $42 to $39. — A reduction in price target suggests a slightly more conservative valuation despite the overall positive rating.
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Analysts expect higher Q2 earnings and several analysts maintain positive ratings with price target increases.
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