Ladenburg Thalmann Upgrades American Electric Power to Buy with $148 Target
DATA AND AI INFRASTRUCTURE
Ladenburg Thalmann upgraded American Electric Power (AEP) from Neutral to Buy, setting a price target of $148. This upgrade is based on AEP's 4Q25 earnings call, revealing a 100% increase in large load demand commitments to 28 GW.
The firm estimates $0.33 of accretion linked to 5 GW of new generation for these customers. Among potential projects is a $12 billion data center by Amazon, announced for Shreveport, LA, in February 2026. AEP shares closed at $131.92.
Mar 5, 2026, 9:38 AM
