Morgan Stanley Maintains Equal-Weight on Ameren, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Equal-Weight rating on Ameren (NYSE:AEE) but lowers the price target from $76 to $72.
June 24, 2024 | 2:40 pm
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Morgan Stanley has maintained its Equal-Weight rating on Ameren but has lowered the price target from $76 to $72, indicating a cautious outlook.
The lowered price target from $76 to $72 by Morgan Stanley suggests a more cautious outlook on Ameren's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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