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Ameren Corporation (NYSE:AEE) Initiates with "Sector Perform" Rating by RBC Capital
Financial Modeling Prepยท 2025-10-28 02:05
Core Viewpoint - Ameren Corporation is positioned to benefit from the rising demand for nuclear energy driven by AI-powered data centers, with a positive outlook reflected in recent ratings and market performance [2][3][5] Company Overview - Ameren Corporation (NYSE:AEE) provides electric and natural gas services and has a current stock price of $104.81, reflecting a slight increase of $0.53 or 0.51% from the previous trading session [4][5] - The company has a market capitalization of approximately $28.34 billion and a trading volume of 980,512 shares today [4] Market Trends - The global capital expenditure for AI-driven data center infrastructure is projected to reach around $7 trillion by 2030, significantly boosting the nuclear energy sector [2][5] - This trend is expected to increase the demand for power, positioning nuclear energy as a crucial player in meeting global electricity needs [2] Ratings and Outlook - RBC Capital initiated coverage on Ameren with a "Sector Perform" rating, indicating expectations for the company's performance to align with the broader energy sector [1][5] - Ameren has been upgraded to a Zacks Rank 2 (Buy), reflecting a positive outlook on its earnings prospects and growing optimism about future earnings [3][5]