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American Electric Power (NASDAQ:AEP) Given New $136.00 Price Target at Morgan Stanley
Morgan Stanley has lowered its price target for American Electric Power (AEP) to $136.00 from $137.00, maintaining an “overweight” rating. Despite this, several other analysts have recently upgraded AEP and raised their price targets, contributing to a “Moderate Buy” consensus rating and an average price target of $138.32. The article also provides details on the company’s recent financial performance, insider transactions, and institutional holdings.