BMO Capital Maintains Outperform on American Electric Power, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its 'Outperform' rating on American Electric Power (AEP) and raised the price target from $105 to $109, indicating a positive outlook for the company's stock.
September 09, 2024 | 12:43 pm
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BMO Capital has reaffirmed its 'Outperform' rating for American Electric Power and increased the price target from $105 to $109, suggesting confidence in the company's future performance.
The increase in price target from $105 to $109 by BMO Capital, along with the maintained 'Outperform' rating, indicates a positive sentiment towards AEP's stock. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100