B of A Securities Maintains Underperform on American Electric Power, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained an 'Underperform' rating on American Electric Power (AEP) while slightly raising the price target from $97 to $98.
August 29, 2024 | 3:47 pm
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B of A Securities has maintained an 'Underperform' rating on American Electric Power (AEP) while slightly raising the price target from $97 to $98.
The 'Underperform' rating suggests a negative outlook, but the slight increase in the price target indicates a marginally improved view. This mixed signal is likely to result in a neutral short-term impact on AEP's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100