Ameren price target raised to $99 from $96 at BofA

BofA raised the firm’s price target on Ameren to $99 from $96 and keeps a Buy rating on the shares. Ameren’s non-unanimous stipulation in its pending Missouri rate case was "largely expected but nonetheless provides a positive data point," said the analyst, who forecasts Q1 EPS of 96c, a "slight miss" compared to the Street view at 99c, and sees an intact result "near the upper end of the guidance range" for the full year.