NYSE:AESRenewable Energy
Assessing AES Corporation’s Valuation After Argus Upgrade and Renewables Growth Outlook
Argus Research just bumped AES (AES) up to a Buy, pointing to improving profit trends and an ambitious plan to triple renewable capacity by 2027, a shift that could reshape how investors value the stock.
See our latest analysis for AES.
That upbeat call lands after a solid stretch for the stock, with a roughly 9.7% 90 day share price return and an 8.6% one year total shareholder return helping sentiment recover from weak three and five year total shareholder returns.
If AES’s transition and...