Ameren raises earnings guidance, boosts stock price, and announces a quarterly dividend of $0.67.

Ameren, a major utility company, has raised its FY24 earnings guidance to $4.55-$4.69 per share, above the expected $4.62. Analysts have increased their target prices, with an average of $87.80 and a "Moderate Buy" rating. Ameren's stock hit $90.19 on Friday, and the company announced a $0.67 quarterly dividend, payable on December 31st.

November 09, 2024
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