JPMorgan Lifts AEP Price Target Following Utility Sector Model Update

American Electric Power Company, Inc. (NASDAQ:AEP) is included among the 15 Best Blue-Chip Stocks with Growing Dividends. JPMorgan Lifts AEP Price Target Following Utility Sector Model Update On December 12, JPMorgan analyst Jeremy Tonet raised his price target on American Electric Power Company, Inc. (NASDAQ:AEP) to $125 from $121, while maintaining a Neutral rating on the stock. The adjustment followed updates to the firm’s models across the North American utilities sector. Electric demand is now acce ...