BofA raised the firm’s price target on American Electric (AEP) to $133 from $122 and keeps a Neutral rating on the shares. The firm maintains its FY26-28 estimates and raised its target as it rolls over its peer group multiple to 2028.
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Read More on AEP:
- American Electric price target raised to $144 from $141 at Wells Fargo
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- Seaport upgrades American Electric to Buy on data center exposure
- American Electric upgraded to Buy from Neutral at Seaport Research
- American Electric price target raised to $135 from $128 at Barclays