Initiated Outperform X

PPL PPL Corp

Evercore ISI

$43

Initiated Outperform X

PPL PPL Corp

BMO Capital Markets

$36

Initiated Overweight X

PPL PPL Corp

JP Morgan

$37

Initiated Buy X

PPL PPL Corp

Jefferies

$38

Upgrades Hold Buy X

PPL PPL Corp

Argus

$30

Downgrades Buy Neutral X

PPL PPL Corp

UBS

$29 $25

Initiated Equal Weight X

PPL PPL Corp

Barclays

$26

Upgrades Eq-Weight Overweight X

PPL PPL Corp

Morgan Stanley

$32

Upgrades Neutral Buy X

PPL PPL Corp

Seaport Research Partners

$28.50

Upgrades Neutral Buy X

PPL PPL Corp

BofA Securities

$29 $33

Upgrades In-line Outperform X

PPL PPL Corp

Evercore ISI

$30

Initiated Outperform X

PPL PPL Corp

Credit Suisse

$33

Upgrades Neutral Outperform X

PPL PPL Corp

Credit Suisse

Upgrades Peer Perform Outperform X

PPL PPL Corp

Wolfe Research

$28 $30

Downgrades Outperform Peer Perform X

PPL PPL Corp

Wolfe Research

Initiated Neutral X

PPL PPL Corp

Mizuho

$30

Downgrades Outperform Sec Perform X

PPL PPL Corp

RBC Capital Mkts

$32 $33

Downgrades Outperform In-line X

PPL PPL Corp

Evercore ISI

Downgrades Neutral Underperform X

PPL PPL Corp

BofA/Merrill

Initiated Neutral X

PPL PPL Corp

Citigroup

Upgrades In-line Outperform X

PPL PPL Corp

Evercore ISI

Upgrades Sec Perform Outperform X

PPL PPL Corp

RBC Capital Mkts

PPL  PPL Corporation

PPL Corporation (PPL) is a utility holding company. Through its subsidiaries, PPL delivers electricity to customers in the United Kingdom, Pennsylvania, Kentucky, Virginia and Tennessee; delivers natural gas to customers in Kentucky, and generates electricity from power plants in Kentucky. PPL operates through UK Regulated Segment, Kentucky Regulated Segment and Pennsylvania Regulated Segment. The UK Regulated Segment consists of PPL Global, which includes PPL WPD Limited's (WPD) regulated electricity distribution operations, the results of hedging the translation of WPD's earnings from British pound sterling into United States dollars, and certain costs, such as the United States income taxes, administrative costs and allocated financing costs. Kentucky Regulated segment consists of the operations of Louisville Gas and Electric Company (LG&E) and KU Energy LLC (LKE). The Pennsylvania Regulated segment consists of PPL Electric Utilities Corporation (PPL Electric).