Morgan Stanley raised the firm’s price target on Ameren (AEE) to $103 from $101 and keeps an Equal Weight rating on the shares. The firm is updating its price targets on Regulated & Diversified Utilities / IPPs in North America, the analyst tells investors. Utilities outperformed the S&P in March, the firm adds. Heading into Q1, the quarter represents a “quiet quarter” without meaningful financial updates, so key focus areas will likely be tariff risk, Morgan Stanley says.
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- Ameren price target raised to $102 from $95 at Barclays