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Financial firms boost shares of American Electric Power, but stock's rating stays at "Hold."
Founders Financial Alliance and Miller Financial Services have increased their holdings in American Electric Power, buying 504 and 2,688 shares respectively.
Despite these purchases, several financial institutions have downgraded their ratings and price targets for AEP.
The company reported $1.24 earnings per share for the last quarter, meeting expectations, and has a market cap of $57.22 billion.
Despite institutional interest, the stock's average rating remains "Hold" with a target price of $98.46.
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Las empresas financieras aumentan las acciones de American Electric Power, pero la calificación de las acciones se mantiene en "Hold".