BMO Capital Maintains Outperform on American Electric Power, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker maintains an Outperform rating on American Electric Power (AEP) and raises the price target from $93 to $95.
May 01, 2024 | 5:01 pm
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BMO Capital analyst James Thalacker maintains an Outperform rating on American Electric Power and raises the price target from $93 to $95.
The increase in price target by BMO Capital suggests a positive outlook on the stock's future performance, likely due to strong fundamentals or growth prospects. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in stock price.
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