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BTIG Sticks to Its Buy Rating for Ameren (AEE)

Tipranks - Tipranks - Sat Jun 13, 7:40AM CDT

BTIG analyst Alex Kania maintained a Buy rating on Ameren on June 10 and set a price target of $131.00. The company’s shares closed yesterday at $108.77.

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Kania covers the Utilities sector, focusing on stocks such as Entergy, Spire, and PPL. According to TipRanks, Kania has an average return of 1.3% and a 48.91% success rate on recommended stocks.

Ameren has an analyst consensus of Moderate Buy, with a price target consensus of $119.58.

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Based on Ameren’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.18 billion and a net profit of $357 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $289 million

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