Barclays Maintains Overweight on American Electric Power, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Overweight rating on American Electric Power (AEP) and increased the price target from $82 to $84.
January 22, 2024 | 1:53 pm
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Barclays has reaffirmed its Overweight rating on American Electric Power and raised the price target from $82 to $84, indicating a positive outlook on the stock.
The increase in price target by a major analyst like Barclays suggests a positive sentiment towards AEP's stock performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100