Morgan Stanley Maintains Overweight on AES, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on AES Corp (NYSE:AES) and increased the price target from $24 to $25.
February 28, 2024 | 5:32 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on AES Corp and raised the price target from $24 to $25.
The upgrade in price target by a reputable analyst like Stephen Byrd from Morgan Stanley suggests a positive outlook on AES Corp's stock. This is likely to instill confidence among investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100