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Where PPL Stock Could Go from Here

Where PPL Stock Could Go from Here

PPL Corporation’s (PPL) better-than-expected first-quarter earnings weren’t able to boost its battered stock. It’s one of the lower performers among the S&P 500 utilities (XLU) so far this year. PPL stock has fallen 12%, while the broader utilities have fallen 5% year-to-date. PPL continues to look weak considering its moving averages.