Morgan Stanley Boosts American Electric Power (AEP) Price Target in Utilities Update

Morgan Stanley Boosts American Electric Power (AEP) Price Target in Utilities Update Vardah Gill Thu, June 25, 2026 at 5:54 AM GMT+2 2 min read AEP American Electric Power Company, Inc. (NASDAQ: AEP ) is included among the 10 Reliable Dividend Stocks to Buy for Long-Term Investors . Morgan Stanley Boosts American Electric Power (AEP) Price Target in Utilities Update On June 24, Morgan Stanley raised its price recommendation on American Electric Power Company, Inc.

(NASDAQ:AEP) to $136 from $129. It reiterated an Overweight rating on the stock. The firm updated its price targets for North American Regulated & Diversified Utilities and Independent Power Producers (IPPs) for May.

According to the analyst, utilities lagged the S&P 500's return during the month. Earlier, on May 29, Truist lowered its price goal on AEP to $145 from $148. It maintained a Buy rating on the shares.

The adjustment was part of a broader research note covering power and utilities companies. Truist said that positive revisions would reinforce the view that the company is well-positioned to benefit from data center construction activity across the country. The firm added that the pace of development remains a potential source of upside, even compared with its already favorable outlook.

Analyst Richard Sunderland shared these views in a research note to investors. American Electric Power Company, Inc. (NASDAQ:AEP) is an electric public utility holding company.

Its utility operating companies provide generation, transmission, and distribution services to more than five million retail customers across Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia. While we acknowledge the potential of AEP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the   best short-term AI stock .

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