Susquehanna analyst Biju Perincheril raised the firm’s price target on AES Corp. to $33 from $30 and keeps a Positive rating on the shares. The analyst said they reported another impressive quarter, bolstered by redirecting excess LNG in Panama to international customers and also noted Management now anticipates being at or near the high end of its 2022 adjusted EPS guidance.
Published first on TheFly
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Read More on AES:
- AES Corp. sees FY22 EPS at high end of $1.55-$1.65 range, consensus $1.61
- AES Corp. reports Q3 adjusted EPS 63c, consensus 53c
- AES Expects Full Year 2022 Adjusted EPS to be at or Near the High End of Guidance Range of $1.55 to $1.65
- AES Corp. dedicates 227 MW, 908 MWh of energy storage projects in California
- AES Announces Quarterly Dividend
