Barclays Maintains Equal-Weight on American Electric Power, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Nicholas Campanella maintains an Equal-Weight rating on American Electric Power (NASDAQ:AEP) and raises the price target from $96 to $100.
October 15, 2024 | 5:52 pm
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Barclays has maintained its Equal-Weight rating on American Electric Power while increasing the price target from $96 to $100, indicating a positive outlook.
The increase in price target from $96 to $100 by Barclays suggests a positive outlook for AEP, which could lead to a short-term increase in stock price. The maintenance of an Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100