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  5. KEY: What is the reason for the sell off over yesterday and today in key and ppl? [Keyera Corp.]
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Q: What is the reason for the sell off over yesterday and today in key and ppl?
Asked by Terry on December 16, 2025
5i Research Answer:

PPL this week came out with its 2026 update and guidance, which was OK but not good enough for investors. The stock has seen three target price downgrades since this the release. We see no material negative news on KEY but trading volume is up and it is likely down on sympathy to PPL.