BMO Capital Maintains Outperform on American Electric Power, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an 'Outperform' rating on American Electric Power (AEP) and raised its price target from $109 to $114.
October 03, 2024 | 3:46 pm
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BMO Capital has reaffirmed its 'Outperform' rating for American Electric Power and increased the price target from $109 to $114, indicating confidence in the company's future performance.
The increase in price target from $109 to $114 by BMO Capital suggests a positive outlook on AEP's future performance. The 'Outperform' rating indicates that the analyst expects AEP to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100