CFRA Upgrades American Electric Power to Buy, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Daniel Rich has upgraded American Electric Power (NASDAQ:AEP) from Hold to Buy and raised the price target from $98 to $99.
July 11, 2023 | 6:18 pm
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American Electric Power has been upgraded from Hold to Buy by CFRA, with a raised price target from $98 to $99.
The upgrade from Hold to Buy by CFRA indicates a positive outlook for American Electric Power. The raised price target from $98 to $99 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100