2024-04-03 04:30:05 ET
Summary
- PPL Corporation has underperformed the S&P 500 by 27.43% in the past year, but I am bullish on the stock in the long term.
- The company has a robust regulatory structure and diverse utility operations, which are competitive advantages.
- I recommend the stock to potential investors at its current price, with a price target of $40 and an upside potential of 45.45%.
Investment Thesis
PPL Corporation ( PPL ) is down about 0.29% underperforming the S&P 500 by a margin of about 27.43% over the last year.
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PPL Corporation: A Bright Outlook And Good Entry Point, Buy