BofA raised the firm’s price target on AES Corp. (AES) to $14 from $13 and keeps a Neutral rating on the shares. Following Q1 results, the firm credits the company for “tangible progress,” including improved financing, disciplined capital allocation, and greater flexibility on coal retirements, but continues to see 2025 as “a transition year.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AES:
- Positive Outlook for AES: Strong Operational Performance and Strategic Moves Justify Buy Rating
- AES: Hold Rating Amid Transition Year and Renewables Execution Challenges
- AES Corporation Reports Q1 2025 Earnings and Reaffirms Guidance
- AES Corporation’s Earnings Call Highlights Strategic Growth
- Options Volatility and Implied Earnings Moves Today, May 02, 2025