KeyBanc Upgrades American Electric Power to Overweight at $133 Target

American Electric Power rose 1.2% Tuesday after KeyBanc upgraded the utility to Overweight from Sector Weight and set a $133 price target. KeyBanc expects a constructive third-quarter update from American Electric Power, with potential upside to its capital plan and earnings growth tied to the company’s Piketon transmission investment. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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