UBS Downgrades American Electric Power to Sell, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Ross Fowler downgraded American Electric Power (AEP) from Neutral to Sell and reduced the price target from $86 to $83.

March 11, 2024 | 10:12 am
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UBS downgraded American Electric Power from Neutral to Sell and lowered the price target from $86 to $83.
The downgrade from Neutral to Sell by a major analyst like UBS, accompanied by a reduction in price target, is likely to negatively impact investor sentiment towards AEP in the short term. This could lead to a decrease in stock price as market participants adjust their expectations based on the new analyst rating and price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100