JP Morgan Maintains Overweight on Ameren, Raises Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Metz maintains an Overweight rating on Ameren (NYSE:AEE) and raises the price target from $94 to $95.
August 16, 2023 | 1:00 pm
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JP Morgan maintains an Overweight rating on Ameren and raises the price target from $94 to $95, which could potentially lead to an increase in the stock's price.
The raised price target by JP Morgan indicates a positive outlook for Ameren. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100