Will This Analyst Downgrade Hurt American Electric Power (AEP) Stock Today?

NEW YORK (TheStreet) -- Morgan Stanley downgraded American Electric Power  (AEP) to "equal weight" and set a $52 price target. The firm cited valuation, as the stock has outperformed over the past year.

The stock closed at $52.31 on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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Separately, TheStreet Ratings team rates AMERICAN ELECTRIC POWER CO as a "buy" with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate AMERICAN ELECTRIC POWER CO (AEP) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."

You can view the full analysis from the report here: AEP Ratings Report

AEP Chart AEP data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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