American Electric Power (NASDAQ:AEP) Upgraded at UBS Group

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UBS Group has upgraded American Electric Power (NASDAQ:AEP) from a “sell” to a “neutral” rating, setting a $132.00 price target. This upgrade comes as AEP shows strong financial performance, beating analyst earnings expectations in its last quarterly report with $1.19 EPS compared to a $1.15 consensus. The company also saw significant institutional investment adjustments and reported insider stock sales over recent months.

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