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Stock Market & Financial Investment News

News Breaks
June 12, 2014
08:42 EDTPPLPPL Corp. upgraded to Buy from Neutral at Ladenburg
Ladenburg upgraded PPL Corp. to Buy citing its expectations for completion of the announced Riverstone transaction and the formation of Talen Energy by Q1 of 2015. The firm raised its price target for shares to $38 from $32.
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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