BUZZ-Argus Research upgrades AES Corp to 'buy'** Argus Research raises rating of U.S. utility AES Corp AES.N to "buy" from "hold" ** Brokerage says that company aims to lead in new energy technologies like green hydrogen and stands to benefit from the global shift to sustainable power
** Brokerage expects gains in renewables segment core profit into 2026 as AES works toward tripling its portfolio by 2027 with plans to add 25 to 30 GW of solar, wind, and storage
** 8 of 15 brokerages rate the stock "buy" or higher, 6 "hold" and 1 "sell" , median PT is $15.5 - data complied by LSEG
** Up to last close, shares up 8.2% YTD
(Reporting by Varun Sahay in Bengaluru)
((Varun.sahay@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments