PPL Corp.

Jefferies & Company has raised its price target from $30 to $32 on shares of PPL Corp. (PPL). Jefferies states,"We find PPL shares undervalued, trading at a significant discount to our average open EV/EBITDA multiple for integrated merchant names as well as a P/E discount. With lower risk...

Jefferies is out with its report today on PPL Corp. (NYSE: PPL), maintaining Buy and a $30 PT. In a note to clients, Jefferies writes, "PPL reported 4Q10 operating earnings of $0.83 versus our estimate of $0.55, consensus of $0.57, and $0.52 in 4Q09. We are maintaining our 2011-2013 EPS estimates...

Deutsche Bank is out with its report today on PPL Corp. (NYSE: PPL), reiterating Hold and a $26.50 PT on PPL. In a note to clients, Deutsche Bank writes, "PPL reported 4Q10 EPS on Friday and provided its first post-Kentucky acquisition outlook. While results beat expectations and guidance was only...