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Analysts’ Opinions Are Mixed on These Utilities Stocks: IdaCorp (IDA) and Ameren (AEE)

Tipranks - Thu Jan 15, 5:52AM CST

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on IdaCorp (IDAResearch Report) and Ameren (AEEResearch Report).

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IdaCorp (IDA)

Bank of America Securities analyst Ross Fowler reiterated a Buy rating on IdaCorp today and set a price target of $140.00. The company’s shares closed last Tuesday at $130.06.

According to TipRanks.com, Fowler is a 4-star analyst with an average return of 6.0% and a 59.8% success rate. Fowler covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and California Water Service. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for IdaCorp with a $141.86 average price target, implying a 10.7% upside from current levels. In a report issued on December 31, TipRanks – PerPlexity also upgraded the stock to Buy with a $140.00 price target.

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Ameren (AEE)

RBC Capital analyst Stephen D’Ambrisi maintained a Hold rating on Ameren today and set a price target of $119.00. The company’s shares closed last Tuesday at $101.43, close to its 52-week high of $104.10.

According to TipRanks.com, D’Ambrisi is a 1-star analyst with an average return of -0.1% and a 40.0% success rate. D’Ambrisi covers the Utilities sector, focusing on stocks such as Pinnacle West Capital, Consolidated Edison, and WEC Energy Group. ;'>

Ameren has an analyst consensus of Moderate Buy, with a price target consensus of $111.80.

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