The AES Corporation (NYSE:AES) is upgraded to Buy by Argus as data center demand grows. The company’s Board declares a $0.17595 per share quarterly dividend on common stock, payable to shareholders on the books as of January 30, 2026. Jefferies also upgraded AES stock to Hold with a price target of $13, citing data center opportunities at AES’s regulated utilities in Indiana and Ohio. AES Indiana is finalizing significant deals, while AES Ohio has signed agreements for over 2.1 GW of data centers, with additional potential opportunities in the 6 GW+ range. The AES Corporation is an American energy company focused on renewable energy projects, including a large green hydrogen facility.

Read more at Yahoo Finance: Argus Upgrades AES (AES) to Buy as Data Center Demand Grows