UPDATE: Citi Raising Price Target on PPL - PPL (NYSE:PPL)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Citi Investment Research is out with a research report on PPL Corp. (NYSE: PPL) and it has a Hold rating and is raising its price target to $28 from $29.In a note to clients, Citi Investment Research writes, "We are raising our target price to $29/share and lifting our target multiple on US regulated business to 15x to account for BBB bond yields."Shares of PPL are down 13 cents to $27.52 in early Wednesday trade.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!