B of A Securities Downgrades AES to Neutral, Lowers Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Julien Dumoulin-Smith downgraded AES (NYSE:AES) from Buy to Neutral and lowered the price target from $24 to $23.
June 22, 2023 | 1:35 pm
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AES downgraded to Neutral by B of A Securities, with a lowered price target of $23.
The downgrade from Buy to Neutral and the lowering of the price target by B of A Securities analyst Julien Dumoulin-Smith may negatively impact AES's stock price in the short term, as it indicates a less optimistic outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100