Utilities partner to enhance power grid preparedness: Southern Company, LG&E and KU, PPL Electric Utilities and TVA establishing equipment sharing program

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Go back to Utilities partner to enhance power grid preparedness: Southern Company, LG&E and KU, PPL Electric Utilities and TVA establishing equipment sharing program

UBS Reiterates Buy on PPL Corp. (PPL) Following 3Q Report

November 2, 2016 9:47 AM EDT

UBS reiterated a Buy rating on PPL Corp (NYSE: PPL), and raised the price target to $38.00 (from $36.00), following the company's 3Q earnings report. PPL reported 3Q16 EPS of $0.63 vs the consensus of $0.58, largely driven by strong performance to date at all business segments.

Analyst Julien Dumoulin-Smith commented,... More