Morgan Stanley Lowers Price Target for American Electric Power, Maintains Overweight Rating
On May 21, Morgan Stanley analyst David Arcaro reduced the price target on American Electric Power (AEP) from $136 to $129 but kept an 'Overweight' rating. The adjustment follows a broader revision of utility sector targets and comes despite AEP's strong Q1 performance.
Tickers: $AEP
Topics: Morgan Stanley Stock Analysis Utilities