Seaport Research raised the firm’s price target on AES Corp. (AES) to $5 from $3 and keeps a Sell rating on the shares.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AES:
- AES Corp. cut to Hold at Argus on disappointing Q1 EPS, strained balance sheet
- AES Corp. downgraded to Hold from Buy at Argus
- AES Corp. call volume above normal and directionally bullish
- Morgan Stanley says amendment to OBBB more challenging for renewables
- AES Corp., Meta Platforms sign long-term PPAs to support data centers