Mizuho Maintains Neutral on Ameren, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell has maintained a Neutral rating on Ameren (NYSE:AEE) and reduced the price target from $77 to $72.
December 18, 2023 | 4:58 pm
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NEGATIVE IMPACT
Ameren's price target has been lowered from $77 to $72 by Mizuho, while maintaining a Neutral rating.
The reduction in price target by a reputable analyst like Anthony Crowdell from Mizuho could lead to a negative short-term sentiment among investors, potentially causing a decrease in Ameren's stock price. The Neutral rating suggests no significant change in the company's outlook, but the lowered price target indicates a revision of expected future performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100