Barclays Maintains Overweight on AES, Lowers Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Stephen Byrd has maintained an Overweight rating on AES (NYSE:AES) but lowered the price target from $31 to $29.
July 11, 2023 | 12:54 pm
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Barclays has maintained an Overweight rating on AES but lowered the price target from $31 to $29. This could potentially impact the stock's performance.
The news is directly related to AES as Barclays, a major financial institution, has maintained an Overweight rating but lowered the price target. This could influence investor sentiment and potentially impact the stock's short-term performance. However, the overall rating remains positive, which might mitigate some of the potential negative impact of the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100