CFRA Reiterates Buy on American Electric Power, Raises Price Target to $92
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Daniel Rich has reiterated a Buy rating on American Electric Power (AEP) and increased the price target from $90 to $92.
February 27, 2024 | 8:36 pm
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CFRA analyst Daniel Rich reiterates a Buy rating on American Electric Power and raises the price target from $90 to $92.
The reiteration of a Buy rating and an increase in the price target by a CFRA analyst suggests a positive outlook for American Electric Power's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100