American Electric Power Reaches Analyst Target Price
December 14, 2018 at 08:09 AM EST
In recent trading, shares of American Electric Power Co Inc (AEP) have crossed above the average analyst 12-month target price of $79.80, changing hands for $80.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..