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Fly News Breaks for January 18, 2018
PPL
Jan 18, 2018 | 05:22 EDT
Deutsche Bank analyst Jonathan Arnold upgraded PPL Corp. to Buy while lowering his price target for the shares to $36 from $39. The current valuation is "too cheap to ignore," and U.K. energy regulator Ofgem failing to implement a mid-period review of RIIO-ED1 offers "decent prospects for a near-term re-rating catalyst," Arnold tells investors in a research note.
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