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BTIG Remains a Hold on American Electric Power (AEP)
BTIG analyst maintained a Hold rating on American Electric Power on February 13. The company’s shares closed last Friday at $129.94.
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In addition to BTIG, American Electric Power also received a Hold from Barclays’s Michael Lonegan in a report issued on February 13. However, on the same day, TipRanks – OpenAI reiterated a Buy rating on American Electric Power (NASDAQ: AEP).
Based on American Electric Power’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.01 billion and a net profit of $972 million. In comparison, last year the company earned a revenue of $5.49 billion and had a net profit of $959.6 million
Read More on AEP:
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- AEP Earnings Call Signals Powerful Demand-Driven Upside
- American Electric price target raised to $141 from $140 at Wells Fargo
- American Electric price target raised to $130 from $123 at Mizuho
- American Electric upgraded to Outperform from Peer Perform at Wolfe Research
- Trade Policy Shifts and Geopolitical Risks Threaten AEP’s Costs, Cash Flows and Financial Health
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