The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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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