UBS Remains Bullish on PPL Corp. (PPL) Following Long-Term Outlook Update
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Guggenheim Downgrades PPL Corp (PPL) to Neutral
August 10, 2016 7:41 AM EDTGuggenheim downgraded PPL Corp (NYSE: PPL) from Buy to Neutral and removed its price target (prior $41.00).
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 $36.25 yesterday.
... MorePPL Corp. (PPL) Tops Q2 EPS by 3c, Offers FY16 & FY17 Guidance
August 9, 2016 8:20 AM EDTPPL Corp. (NYSE: PPL) reported Q2 EPS of $0.56, $0.03 better than the analyst estimate of $0.53. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.8 billion.
GUIDANCE:
PPL Corp. sees FY2016 EPS of $2.25-$2.45, versus the consensus... More