BMO Capital Maintains Outperform on American Electric Power, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Thalacker maintains an Outperform rating on American Electric Power (NASDAQ:AEP) but lowers the price target from $114 to $111.
October 04, 2024 | 3:37 pm
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BMO Capital maintains an Outperform rating on AEP but lowers the price target from $114 to $111, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in AEP's performance, but the lowered price target indicates a slightly reduced expectation for its stock price. This mixed signal may result in a neutral short-term impact on AEP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100