Valuation in Focus as Pennsylvania Regulators Launch Formal Review of Planned Rate Hike
The Pennsylvania Public Utility Commission has put PPL (PPL)’s proposed annual revenue increase under review, pausing the company’s planned rate hike for nearly 1.5 million customers while a formal investigation unfolds. See our latest analysis for PPL. Shares of PPL have experienced a steady climb this year, with a 16.1% share price gain year-to-date and…