JP Morgan Maintains Overweight on American Electric Power, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains an Overweight rating on American Electric Power (NASDAQ:AEP) and raises the price target from $108 to $112.
October 18, 2024 | 3:06 pm
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JP Morgan analyst Jeremy Tonet maintains an Overweight rating on American Electric Power and raises the price target from $108 to $112, indicating a positive outlook.
The increase in price target from $108 to $112 by JP Morgan suggests a positive outlook for AEP, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in AEP's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100