BofA analyst Ross Fowler raised the firm’s price target on American Electric (AEP) to $108 from $107 and keeps a Buy rating on the shares. The firm expects American to report $1.23 in Q4 EPS and marks to market for the group average 2026 multiple, the analyst tells investors in an earnings preview for the power and utilities group.
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Read More on AEP:
- AEP Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- American Electric upgraded to Buy from Neutral at Guggenheim
- American Electric price target raised to $102 from $96 at Evercore ISI
- American Electric pays $19M to settle SEC investigation
- American Electric receives DOE loan commitment for transmission lines
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