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Fly News Breaks for January 10, 2020
PPL
Jan 10, 2020 | 14:05 EDT
Argus analyst Jacob Kilstein raised his price target for PPL Corp. to $39 from $34 and reiterates a Buy rating on the shares. The analyst expects PPL's regulated businesses to support 4% dividend growth over the next several years. Further, he looks for investors to award the shares higher multiples as its earnings become more predictable.
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