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Analysts Offer Insights on Utilities Companies: Enlight Renewable Energy (ENLT) and American Electric Power (AEP)

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Enlight Renewable Energy (ENLTResearch Report) and American Electric Power (AEPResearch Report).

Enlight Renewable Energy (ENLT)

Enlight Renewable Energy received a Buy rating and a $21.00 price target from Barclays analyst Christine Cho CFA yesterday. The company’s shares closed last Tuesday at $16.84.

According to TipRanks.com, CFA is ranked #6301 out of 8750 analysts.

Enlight Renewable Energy has an analyst consensus of Moderate Buy, with a price target consensus of $20.33.

See the top stocks recommended by analysts >>

American Electric Power (AEP)

Barclays analyst Nicholas Campanella downgraded American Electric Power to Hold today and set a price target of $83.00. The company’s shares closed last Tuesday at $84.07.

According to TipRanks.com, Campanella is a 3-star analyst with an average return of 2.9% and a 51.4% success rate. Campanella covers the Utilities sector, focusing on stocks such as Public Service Enterprise, Pinnacle West Capital, and Edison International.

Currently, the analyst consensus on American Electric Power is a Moderate Buy with an average price target of $87.00, implying a 4.1% upside from current levels. In a report issued on February 26, Wells Fargo also maintained a Hold rating on the stock with a $84.00 price target.

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