JP Morgan Maintains Overweight on American Electric Power, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet has maintained an Overweight rating on American Electric Power (AEP) but lowered the price target from $96 to $90.
October 12, 2023 | 3:40 pm
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NEUTRAL IMPACT
JP Morgan has maintained an Overweight rating on AEP but lowered the price target from $96 to $90.
The news is directly about AEP and is likely to impact its stock price. While the Overweight rating is positive, the lowering of the price target may have a neutral to slightly negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100