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Stock Market & Financial Investment News

News Breaks
April 4, 2014
06:33 EDTPPLPPL Corp. downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded PPL Corp due to full valuation and lack of further optimization in the merchant power portfolio. Price target remains $33.
News For PPL From The Last 14 Days
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July 25, 2014
08:51 EDTPPLPPL Corp. multiple likely to rise, says Argus
After PPL announced an agreement with Riverstone Holdings to combine their merchant power businesses into a new publicly traded independent power producer, Argus thinks the regulated businesses retained by PPL will support steady earnings and dividend growth. The firm thinks that investors will respond by awarding the stock higher multiples. It keeps a Buy rating on the shares.

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