Mizuho Downgrades American Electric Power to Neutral, Announces $83 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Anthony Crowdell downgraded American Electric Power (AEP) from Buy to Neutral and set a price target of $83.
January 11, 2024 | 1:01 pm
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Mizuho analyst downgraded American Electric Power to Neutral and set a price target of $83.
Analyst downgrades typically lead to a negative short-term reaction in the stock price as they suggest a less favorable outlook. The new price target may also influence investor expectations and trading behavior.
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