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AEP, FE, EXC, and XEL: Analyst Views and Price Targets

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Nov. 20 2020, Updated 1:24 p.m. ET

Analyst price targets

Let’s take a look at utility stocks that received a price target raise last week. We’ll look at Exelon (EXC) first. Analysts’ price target of $49.64 for Exelon (EXC) implies a ~2.3% upside, based on its current price of $48.54. SunTrust Robinson Humphrey raised EXC’s price target from $49.0 to $50.0 last week.

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Utilities offer dull gain

American Electric Power Company (AEP) stock has a median target price of $81.5 against its current market price of $81.4, indicating a flattish movement going forward. UBS raised AEP’s price target from $81.0 to $89.0 on March 1. SunTrust Robinson Humphrey also raised AEP’s price target from $88.0 to $89.0 last week.

Analysts’ median target price of $53.63 for Xcel Energy (XEL) implies a downside 2.4% based on its current price of $54.92. SunTrust Robinson Humphrey raised Xcel Energy’s price target from $54.0 to $56.0 last week. UBS also increased its target from $52.0 to $55.0.

FirstEnergy (FE) stock offers a potential upside of approximately 4% against its current market price of $40.9. Wall Street analysts have given it a price target of $42.3. J.P. Morgan increased FE’s target from $38.0 to $41.0 last week.

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