PPL

PPL Corporation

2026-01-16 03:23 PM

+2.62%

PPL rises on analyst support with Wells Fargo maintaining Buy rating and $45 target

Wells Fargo maintained a Buy rating on PPL with a $45 price target, while the broader analyst consensus shows 12 analysts with a Buy recommendation and average target of $41.20, according to MarketBeat. The company's strong Q3 earnings beat and positive FY2025 guidance continue to support bullish sentiment.

Analysis

Today's gain extends a five-day winning streak, with PPL significantly outperforming its utilities sector peers. The 4.5x normal volume suggests institutional accumulation, possibly as investors rotate into the defensive utility name amid flat broader markets. The Wells Fargo $45 target implies roughly 23% upside from current levels, which may be attracting buyers.

Sources

PPL Corporation (NYSE:PPL) Receives Consensus Recommendation of "Buy" from Analysts
Analysts Have Conflicting Sentiments on These Utilities Companies: PPL (PPL) and Southern Co (SO)

Date: 2026-01-16

Price: $36.65

Type: Stock Specific

Confidence: medium