BMO Capital Maintains Outperform on American Electric Power, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has maintained an Outperform rating on American Electric Power (AEP) but reduced the price target from $94 to $88.

January 22, 2024 | 1:21 pm
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BMO Capital maintains an Outperform rating on American Electric Power but lowers the price target from $94 to $88.
The reduction in price target by BMO Capital could have a mixed impact on AEP's stock price. While maintaining an Outperform rating is positive, lowering the price target may signal a tempered expectation for the stock's growth potential. Investors may react cautiously to the new price target, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100