Guggenheim has revised its price target for Ameren Corporation (AEE, Financial), increasing it slightly from $91 to $92. This adjustment comes as the firm updates its estimates for certain regulated utilities and prepares for the upcoming first-quarter results.
The decision to modify the price target takes into account any identifiable and significant year-over-year factors. Despite the slight increase in the price target, Guggenheim maintains a Neutral rating on Ameren's shares. This update serves as part of Guggenheim's broader effort to refresh their valuations and forecasts for the utilities sector.
