BMO Capital Reiterates Outperform on American Electric Power, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker has reiterated an Outperform rating on American Electric Power (AEP) and increased the price target from $88 to $90.
March 08, 2024 | 4:12 pm
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BMO Capital has reiterated an Outperform rating on American Electric Power and raised the price target from $88 to $90.
The reiteration of the Outperform rating and the increase in price target by BMO Capital suggest a positive outlook for AEP's stock in the short term. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100