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BTIG Sticks to Their Buy Rating for PPL (PPL)

Tipranks - Sat Mar 21, 5:58AM CDT

BTIG analyst Alex Kania maintained a Buy rating on PPL today and set a price target of $45.00.

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According to TipRanks, Kania is a 4-star analyst with an average return of 6.6% and a 76.12% success rate. Kania covers the Utilities sector, focusing on stocks such as PPL, NextEra Energy, and Portland GE.

In addition to BTIG, PPL also received a Buy from J.P. Morgan’s Jeremy Tonet in a report issued on March 17. However, on March 16, Mizuho Securities maintained a Hold rating on PPL (NYSE: PPL).

Based on PPL’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.27 billion and a net profit of $266 million. In comparison, last year the company earned a revenue of $2.21 billion and had a net profit of $177 million

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