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PPL Maintained by JP Morgan -- Price Target Lowered to $42.00
JP Morgan analyst Jeremy Tonet maintained an Overweight rating on PPL Corp (PPL) but lowered the price target to $42.00 from $43.00, representing a 2.33% decrease. Despite the lower target, the Overweight rating suggests continued growth potential for PPL, which is currently considered 0.7% undervalued according to GuruFocus’s GF Value™ and holds a strong GF Score™ of 86 out of 100. The company’s financial strength is rated 4/10, indicating an area for investor consideration despite overall positive performance metrics.