PPL Corp. price target raised to $37 from $35 at BofA

BofA raised the firm’s price target on PPL Corp. (PPL) to $37 from $35 and keeps a Buy rating on the shares. The firm expects PPL to report 37c in Q4 EPS and expects FY25 guidance to be within the range implied by PPL’s long-term 6%-8% EPS guidance, the analyst tells investors in an earnings preview for the power and utilities group.