Morgan Stanley Maintains Overweight on American Electric Power, Raises Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on American Electric Power (AEP) and raised the price target from $95 to $97.
September 21, 2023 | 12:38 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on AEP and raised the price target from $95 to $97, which could positively impact the stock.
The Overweight rating maintained by Morgan Stanley indicates a positive outlook for AEP. The increase in price target from $95 to $97 suggests that the analyst sees potential for the stock's price to rise, which could lead to a positive impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100