Citi analyst Ryan Levine raised the firm’s price target on AES Corp. to $30 from $27 and keeps a Buy rating on the shares. The company’s short-term opportunity is spot liquified natural gas prices related to the Panama and Dominican Republic portfolio, Levine tells investors in a research note. The analyst is also increasing bullish on AES’s Southland contract extension post his investor tour in California.
Published first on TheFly
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