Morgan Stanley Maintains Overweight on American Electric Power, Lowers Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on American Electric Power (NASDAQ:AEP) but lowers the price target from $98 to $94.
June 24, 2024 | 2:41 pm
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Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on American Electric Power (NASDAQ:AEP) but lowers the price target from $98 to $94.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on AEP's stock price.
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