Evercore ISI raised the firm’s price target on American Electric (AEP) to $153 from $137 and keeps an Outperform rating on the shares. The firm updated estimates on many of the power and utilities companies under its coverage following the Q4 earnings season.
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Read More on AEP:
- American Electric upgraded to Buy from Neutral at Ladenburg
- American Electric price target raised to $140 from $128 at Argus
- UBS upgrades American Electric to Neutral on better growth outlook
- American Electric upgraded to Neutral from Sell at UBS
- American Electric price target raised to $133 from $125 at Morgan Stanley
