Morgan Stanley Maintains Overweight on AES, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on AES (NYSE:AES) but lowered the price target from $29 to $26.
October 25, 2023 | 11:57 am
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Morgan Stanley has maintained an Overweight rating on AES but lowered the price target from $29 to $26.
The news is directly related to AES as Morgan Stanley has maintained an Overweight rating on the company but lowered the price target. This could potentially lead to a neutral impact on the stock price in the short term as the lowered price target might be seen as a negative signal, but the maintained Overweight rating indicates that the analyst still sees potential in the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100