From Financial Modeling Prep: 2025-01-21 10:49:00

Ameren (NYSE:AEE) saw shares rise over 1% after Evercore ISI upgraded the company to Outperform with a price target of $104. Analysts believe Ameren’s growth prospects and operational strength will help it achieve 6-8% EPS growth, surpassing street consensus with a 2027 EPS estimate of $5.77.

Key catalysts for Ameren’s growth include updates to the Minnesota IRP, legislative changes in Minnesota, MISO grid investment opportunities, and successful rate case execution. The recent Illinois rate decision provides investment certainty through 2027, positioning Ameren to outperform peers in the utilities sector with an estimated 8% EPS growth.

Analysts see a compelling risk/reward profile for Ameren, with a base case price target of $104 implying a 14% total return. Bull and bear case scenarios project a potential 19% upside to $109 and an 8% downside to $84, respectively. The stock’s performance is expected to outpace the industry average of 7% EPS growth.



Read more at Financial Modeling Prep:: Ameren Upgraded to Outperform, Positioned for Supe…