Morgan Stanley Maintains Overweight on American Electric Power, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro has maintained an Overweight rating on American Electric Power (AEP) and raised the price target from $100 to $101.

July 21, 2023 | 1:14 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on AEP and raised the price target, which could positively impact the stock in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Morgan Stanley's Overweight rating indicates a positive outlook for AEP, and the raised price target suggests that the analyst sees potential for the stock's price to increase. This could lead to increased investor interest and a potential rise in AEP's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100