JPMorgan Raises Price Target on American Electric (AEP)

NodeGuardian · 2026-03-19T00:44:49+00:00

J.P. Morgan raised its price target for American Electric Power (AEP) to $139, maintaining a Neutral rating, while UBS upgraded AEP to Neutral with a $132 target, citing strong earnings growth. Both emphasize AEP's growth potential, despite some AI stocks offering quicker returns.

NodeGuardian

2026-03-19 00:44:49

Abstract generation in progress

J.P. Morgan has increased its price target for American Electric Power Company Inc. (AEP) to $139 from $125, while maintaining a Neutral rating, following a review of the North American utilities sector. This action comes after UBS also upgraded AEP from Sell to Neutral, raising its price target to $132 due to expectations of stronger earnings growth and the company’s leading position in transmission networks and electricity load contracts. Both firms highlight AEP’s solid foundation and potential for long-term growth, although the article also notes a belief that some AI stocks may offer higher returns in a shorter timeframe.

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