Barclays Maintains Equal-Weight on American Electric Power, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella has maintained an Equal-Weight rating on American Electric Power (AEP) and raised the price target from $84 to $88.

May 02, 2024 | 2:18 pm
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Barclays has maintained an Equal-Weight rating on American Electric Power and increased the price target from $84 to $88.
The increase in price target by Barclays reflects a positive outlook on American Electric Power's stock, suggesting potential upside. This adjustment is likely based on Barclays' analysis of AEP's financial health and market position. As price targets can influence investor perception and stock price, this revised target may lead to short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90