Morgan Stanley analyst David Arcaro lowered the firm’s price target on Ameren (AEE) to $104 from $105 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Regulated and Diversified Utilities / IPPs in North America under its coverage for August, the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEE:
- Ameren price target raised to $105 from $103 at Morgan Stanley
- Ameren Amends Equity Distribution Agreement, Increases Sales
- Ameren Corporation Reports Solid Second Quarter Earnings
- Ameren’s Earnings Call: Growth and Resilience Shine
- Ameren’s Balanced Outlook: Promising Growth Amidst Regulatory and Economic Challenges
