PPL Corp. (PPL), Riverstone Enter Deal to Combine Merchant Power Generation Businesses
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PPL Corp (PPL) PT Upped at BofA/Merrill Lynch on Spin-Merge Deal
June 11, 2014 8:52 AM EDTBofA/Merrill Lynch analyst Brian Chin reiterated a Buy rating and bumped his price target on PPL Corp (NYSE: PPL) to $39.00 (from $36.00) following news the company agreed to spin off PPL Supply to shareholders while merging the new entity with with... More
PPL Corp (PPL) Spin-Off to Add $5/Share in Value - Jefferies
June 11, 2014 6:53 AM EDTJefferies analyst Paul Fremont reiterated a Buy rating and bumped his price target on PPL Corp (NYSE: PPL) price target to $38.50 (from $38.00) announced a tax-free spin off of its unregulated generation business.
The firm sees the spin adding $5/per share of... More
