JP Morgan Maintains Overweight on American Electric Power, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on American Electric Power (NASDAQ:AEP) and raises the price target from $101 to $108.
August 07, 2024 | 5:05 pm
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POSITIVE IMPACT
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on American Electric Power (NASDAQ:AEP) and raises the price target from $101 to $108.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to positively influence investor sentiment and drive short-term price appreciation for AEP.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100