Guggenheim Maintains Buy on American Electric Power, Lowers Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Shahriar Pourreza has maintained a 'Buy' rating on American Electric Power (AEP), but lowered the price target from $105 to $96.
July 07, 2023 | 4:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Guggenheim's lowered price target for AEP may cause short-term uncertainty among investors, potentially impacting the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The lowered price target, despite the maintained 'Buy' rating, may cause some investors to reassess their positions, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100