RBC Capital Maintains Outperform on American Electric Power, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shelby Tucker has maintained an Outperform rating on American Electric Power (AEP) and increased the price target from $90 to $100.
May 03, 2024 | 4:52 pm
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RBC Capital maintains an Outperform rating on American Electric Power and raises the price target from $90 to $100.
The upgrade in the price target by RBC Capital indicates a positive outlook on the stock, suggesting that the analyst sees potential for growth beyond the current price. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100