Is PPL Corp the Best Dividend Stock in Utilities? 1 Analyst Thinks So
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Pity PPL (NYSE: PPL) stockholders. Over the past year, shares of this Anglo-American gas and electricity utility have gained less than 2%, despite the broader market growing 13%. But there's good news, too -- over at investment bank Jefferies & Co., they think it's time for PPL to shine.
Jefferies sees a towering opportunity in electric utility PPL Corp. Image source: Getty Images.
Source: Fool.com