03:45 PM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We keep our 2025 EPS estimate at $1.82 and our 2026 estimate at $1.96. We raise our 12-month price target by $1 to $40, 20.4x our 2026 EPS estimate, near peers based on PPL's competitive near-term EPS and dividend growth trajectories, in our view. This is supported by $20B in capital investments from 2025 to 2028, expected to drive a 9.8% rate base CAGR, above peer growth rates. Our near-term outlook is unchanged based on Q2 results, which saw negative impacts from unfavorable weather trends. We look ahead to indications of attractive data center load growth in Pennsylvania and Kentucky, where PPL maintains large exposure. Near-term rate case activity across Pennsylvania, Kentucky, and Rhode Island raises some regulatory risks, though we note that none of these states are considered "Below Average" (from a utility investor standpoint) based on Regulatory Research Associates' state commission rankings. Shares yield 3.1% based on next-12-month projected dividend payouts.