Goldman Sachs Removes PPL Corp (PPL) from Conviction Buy List

April 13, 2012 7:22 AM EDT
Get Alerts PPL Hot Sheet
Price: $36.02 --0%

Rating Summary:
    19 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 16 | New: 19
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Goldman Sachs removed PPL Corp (NYSE: PPL) from its Conviction Buy List, but maintained their Buy rating and $31 price target.

The firm cited recent underperformance and potential downside risk to EPS estimates due to natural gas/power price forwards below the firm's outlook.

For an analyst ratings summary and ratings history on PPL Corp click here. For more ratings news on PPL Corp click here.

Shares of PPL Corp closed at $27.10 yesterday.


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Goldman Sachs Conviction Buy List, Goldman Sachs