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Stock impact report

American Electric Power (AEP) Draws Focus as Barclays Refreshes Utilities Models [Yahoo! Finance]

American Electric Power Company, Inc. (AEP) 
Last american electric power company, inc. earnings: 2/20 06:57 am Check Earnings Report
US:NYSE Investor Relations: aep.com/investors
Company Research Source: Yahoo! Finance
Barclays, on January 22, raised its price target on American Electric Power Company, Inc. (NASDAQ:AEP) to $121 from $117. The firm kept an Equal Weight rating. The update came as the firm refreshed valuations across the power and utilities group ahead of fourth-quarter earnings. AEP has also been getting more attention from investors. In a recent CNBC segment, Sean Russo of Ritholtz Wealth Management pointed to the company as a standout within the utility space. American Electric Power is carrying out one of the largest grid modernization programs in the US, with a focus on expanding transmission capacity and improving reliability. Management has said demand expectations continue to climb, driven by electrification and the rapid growth of data centers, underscoring the need for ongoing investment across its regulated assets. The company's five-year capital plan totals $72 billion and includes customer commitments for about 20 gigawatts of additional power by 2030. That demand is Show less Read more
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