UBS lowered the firm’s price target on AES Corp. to $19 from $20 and keeps a Neutral rating on the shares. The firm is updating its EPS model to reflect the company’s 29% ownership in Fluence and raises its 2026 EPS estimate to $2.20 from $2.14 but also adjusts its investments and valuation mark-to-market on the stock, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AES: