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Ameren price target raised to $105 from $100 at BMO Capital

Ameren price target raised to $105 from $100 at BMO Capital

BMO Capital analyst James Thalacker raised the firm’s price target on Ameren (AEE) to $105 from $100 and keeps an Outperform rating on the shares after its Q4 results. The management has extended its 6%-8% EPS CAGR outlook through 2029 anchored off the 2025 midpoint of $4.95, and the company has emerged as one of the higher-quality stories in the utility space with above-average EPS growth, the analyst tells investors in a research note.

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