Wells Fargo keeps American Electric Power at Overweight, lifts target to $149
Wells Fargo maintained its Overweight rating on American Electric Power and raised its price target to $149 from $148, according to TradingView.
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what happened
Wells Fargo analysts kept their Overweight rating on American Electric Power shares and raised the price target to $149 from $148, a gain of about 0.7%. The information is reported by TradingView, with rating data provided by Benzinga.
The new target implies a 16.2% upside from the October 28 close of $128.20. Across the five most recent analyst notes over the past 30 days, targets ranged from $130 to $147.
why it matters
This is a routine revision by a single bank, and a one-dollar target change by itself has little effect on the market. For utility investors, the broader sector backdrop and interest rates matter more than one analyst's update.
tags
instruments
sources
- Wells Fargo maintains American Electric Power at Overweight, raises price target to $149 from $148 — TradingView, 29 October 2026 at 14:46 UTC
- American Electric Power Is Maintained at Overweight by Wells Fargo — Dow Jones Newswires, 29 October 2026 at 14:57 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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