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Evercore ISI Reaffirms Their Hold Rating on AES (AES)

Tipranks - Tipranks - Fri Mar 6, 7:34AM CST

Evercore ISI analyst Nicholas Amicucci maintained a Hold rating on AES today and set a price target of $15.00.

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According to TipRanks, Amicucci is a 4-star analyst with an average return of 14.2% and a 65.45% success rate. Amicucci covers the Utilities sector, focusing on stocks such as Consolidated Edison, Dominion Energy, and NextEra Energy.

In addition to Evercore ISI, AES also received a Hold from TipRanks – OpenAI’s OpenAI Diversified Utilities in a report issued on March 3. However, on the same day, Morgan Stanley maintained a Buy rating on AES (NYSE: AES).

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Based on AES’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.1 billion and a net profit of $322 million. In comparison, last year the company earned a revenue of $2.96 billion and had a net profit of $560 million

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