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ubs maintains sell rating on american electric power with price target of 95

UBS has maintained a Sell rating on American Electric Power (AEP) with a price target of $95, noting the stock's current trading price of $102.52 appears overvalued. AEP's recent $2 billion forward equity sale aims to meet its equity needs through 2029, contributing to a capital expenditure plan of $54.4 billion. Analysts from BMO Capital Markets and Mizuho Securities have adjusted their price targets for AEP, reflecting the company's strategic financial moves and ongoing regulatory developments in West Virginia and Ohio.
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