Wells Fargo Updates Long-Term Valuation Framework for American Electric Power (AEP)

American Electric Power Company, Inc. (NASDAQ:AEP) is included among the 14 High Yield Dividend Stocks with Sustainable Payouts. Wells Fargo Updates Long-Term Valuation Framework for American Electric Power (AEP) On January 20, Wells Fargo raised its price objective on American Electric Power Company, Inc. (NASDAQ:AEP) to $140 from $139 and maintained an Overweight rating. The firm said the change reflects a decision to roll its valuation forward by one year, now looking out to 2028. In a separate devel ...