Morgan Stanley Maintains Overweight on American Electric Power, Raises Price Target to $108
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on American Electric Power (AEP) and raises the price target from $102 to $108.
September 25, 2024 | 3:49 pm
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Morgan Stanley has reaffirmed its Overweight rating on American Electric Power and increased the price target from $102 to $108, indicating a positive outlook.
The increase in price target from $102 to $108 by Morgan Stanley suggests a positive outlook for AEP, likely leading to a short-term price increase. The Overweight rating indicates confidence in AEP's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100