Morgan Stanley Lowers AEP Price Target Amid North America Utility Sector Review
On April 21, Morgan Stanley reduced its price target for American Electric Power (NASDAQ:AEP) to $136 from $137 while maintaining an Overweight rating. The firm is updating utility sector valuations across North America. Truist Financial also initiated coverage of AEP with a Buy rating and set a higher price target at $148.
Tickers: $AEE $AEP $CMSD $DTE $ETR $MS $TFC $XEL
Topics: Analyst Rating Dividend Growth Stocks Price Target Utilities