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PPL (NYSE:PPL) Stock Crosses Above 200-Day Moving Average - Time to Sell?
PPL (NYSE:PPL) stock recently crossed above its 200-day moving average, trading at $38.83 against the average of $36.54, indicating a bullish technical signal. Analysts generally have a “Moderate Buy” rating with an average target price of $41.17, although some firms adjusted their targets. The company reported slightly missed quarterly EPS by $0.01 but saw revenue increase 2.8% year-over-year, and it raised its quarterly dividend to $0.285.