Morgan Stanley Maintains Overweight on AES, Maintains $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on AES Corp (NYSE:AES) with a price target of $25.
March 25, 2024 | 6:18 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on AES with a $25 price target.
The reaffirmation of an Overweight rating and a $25 price target by a reputable analyst like Stephen Byrd from Morgan Stanley is likely to instill confidence among investors about AES's future prospects. This positive outlook could lead to an uptick in the stock's price in the short term as investors react to the analyst's endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100