BofA Securities resumed coverage on AES with a new price target
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BofA Securities resumed coverage of AES with a rating of Underperform and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/25/2024 | $11.00 | Underperform | BofA Securities |
| 9/11/2024 | $20.00 | Buy | Jefferies |
| 5/21/2024 | Buy → Neutral | Seaport Research Partners | |
| 4/18/2024 | $21.00 | Buy | Mizuho |
| 10/6/2023 | $22.00 → $13.00 | Buy → Neutral | UBS |
| 8/23/2023 | $25.00 | Overweight | Barclays |
| 6/22/2023 | $24.00 → $23.00 | Buy → Neutral | BofA Securities |
| 4/17/2023 | Outperform → Peer Perform | Wolfe Research |
SC 13G/A - AES CORP (0000874761) (Subject)
SC 13G/A - AES CORP (0000874761) (Subject)
SC 13G/A - AES CORP (0000874761) (Subject)
Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities1.3 GW of renewables under long-term PPAs900 MW of new data center load growth at AES OhioCompleted the construction of 1.2 GW; on track to add a total of 3.6 GW of new projects to operations in full year 2024Announced or closed nearly three-quarters of $3.5 billion asset sale proceeds target through 2027In September, announced a strategic partnership with CDPQ to support AES Ohio's robust growth plans; agreed to sell a 30% indirect interest for approximately $546 millionOn October 31, 2024, clos
ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ -- The Board of Directors of The AES Corporation (NYSE:AES) declared a quarterly common stock dividend of $0.1725 per share payable on November 15, 2024 to shareholders of record at the close of business on November 1, 2024. Additional information regarding dividends paid by AES, including tax treatment, can be found on www.aes.com by selecting "Investors" then "Stock Information" and then "Dividend History." About AES The AES Corporation (NYSE:AES) is a Fortune 500 global energy company accelerating the future of energy. Together w
ARLINGTON, Va., Oct. 1, 2024 /PRNewswire/ -- The AES Corporation (NYSE:AES) will host a conference call on Friday, November 1, 2024 at 9:00 a.m. Eastern Time (ET) to review its third quarter 2024 financial results. The call will include prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing 1-833-470-1428 at least ten minutes before the start of the call. International callers should dial +1-404-975-4839. The Participant Ac
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" (Excellent) of AES Global Insurance Company (AGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect AGIC's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management. AGIC continues to demonstrate strong operating performance through its favorable underwriting results and from an inherently low expense structure. The ratings reflect AGIC's sound risk management capabilities with a focus on sustaining improved capit
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com
Reaffirms 2024 Guidance and Long-Term Growth Rates Strategic Accomplishments Signed or awarded 2.2 GW of new contracts, including long-term renewables PPAs and data center load growth at US utilities1.3 GW of renewables under long-term PPAs900 MW of new data center load growth at AES OhioCompleted the construction of 1.2 GW; on track to add a total of 3.6 GW of new projects to operations in full year 2024Announced or closed nearly three-quarters of $3.5 billion asset sale proceeds target through 2027In September, announced a strategic partnership with CDPQ to support AES Ohio's robust growth plans; agreed to sell a 30% indirect interest for approximately $546 millionOn October 31, 2024, clos
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
4 - AES CORP (0000874761) (Issuer)
Barclays analyst Stephen Byrd maintains AES (NYSE:AES) with a Overweight and lowers the price target from $23 to $22.
Shares of SolarEdge Technologies, Inc. (NASDAQ:SEDG) fell sharply during Monday's session after the company announced a workforce reduction. SolarEdge disclosed a decision to lay off 400 employees. The company stated that 200 of these job cuts are in Israel. The action involves reducing headcount and discretionary spending across all departments. SolarEdge Technologies shares dipped 12.2% to $27.77 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Autonomix Medical, Inc. (NASDAQ:AMIX) shares climbed 148% to $1.4850 after the company entered into an agreement with RF Innovations to license intellectual property for its Apex 6 Radiofrequency Gener
AES's (NYSE:AES) short percent of float has risen 14.67% since its last report. The company recently reported that it has 20.07 million shares sold short, which is 4.3% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.31 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is importa
BofA Securities resumed coverage of AES with a rating of Underperform and set a new price target of $11.00
Jefferies initiated coverage of AES with a rating of Buy and set a new price target of $20.00
Seaport Research Partners downgraded AES from Buy to Neutral
8-K - AES CORP (0000874761) (Filer)
10-Q - AES CORP (0000874761) (Filer)
8-K/A - AES CORP (0000874761) (Filer)
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the Dow Jones Industrial Average (DJIA) and Dow Jones Utility Average (DJUA) effective prior to the open of trading on Friday, November 8: NVIDIA Corp. (NASD:NVDA) will replace Intel Corp. (NASD:INTC), and The Sherwin-Williams Co. (NYSE:SHW) will replace Dow Inc. (NYSE:DOW) in the Dow Jones Industrial Average. The index changes were initiated to ensure a more representative exposure to the semiconductors industry and the materials sector respectively. The DJIA is a price weighted index, and thus persistently lower priced stocks have a minimal impact on the index. Dow Inc. is also the smallest com
ARLINGTON, Va., June 20, 2023 /PRNewswire/ -- The AES Corporation (NYSE:AES) today announced the appointment of Gerard M. "Gerry" Anderson to its Board of Directors, effective July 17, 2023. Anderson has more than 30 years of experience in the energy sector, with expertise in strategic leadership, operational excellence and public policy. Anderson is the former Chairman and CEO of DTE Energy. During his tenure, he founded and built DTE's non-regulated businesses and led innovation efforts to improve the company's utility operations and profitability. Anderson has held a wide variety of industry and regional leadership roles. He served as Chairman of the Edison Electric Institute (EEI), whic
Uzi Yemin to transition from DK CEO to DK Executive Chairman, effective June 2022;Avigal Soreq named Successor DK CEO Uzi Yemin to remain Chairman of DKL and Avigal Soreq named President of DKL Todd O'Malley named Chief Operating Officer of DK and DKL andNithia Thaver appointed DK EVP and President of Refining Leonardo Moreno to join DK Board of Directors BRENTWOOD, Tenn., March 28, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE:DK) ("Delek US" or the "Company") today announced a leadership succession plan and a series of additional leadership appointments as well as governance updates at Delek US and Delek Logistics Partners, LP (NYSE:DKL) ("Delek Logistics"). Executive Leadership Succ