Reported 1 day ago
Morgan Stanley has reiterated a 'Buy' rating on The AES Corporation, emphasizing its solid financial performance and strategic positioning. Analyst David Arcaro set a price target of $23, highlighting the company's impressive Q2 earnings and growth in its renewable segment, which is bolstered by strong bookings and a robust backlog. The AES Corporation's consistent performance across both traditional and renewable energy portfolios enhances investor confidence, despite the company facing a one-year share price decline.
Source: YAHOO