Ameren price target raised to $91 from $89 at Mizuho

Mizuho raised the firm’s price target on Ameren to $91 from $89 and keeps a Neutral rating on the shares after the company reached a settlement with parties in its Missouri electric rate case. The $140M settlement provided very little detail for investors and was silent on return on equity, equity ratio, and capital structure, the analyst tells investors in a research note.