Mizuho Cuts American Electric Power (NASDAQ:AEP) Price Target to $135.00

Mizuho has lowered its price target for American Electric Power (AEP) to $135 from $141, while maintaining a "neutral" rating, indicating a potential upside of approximately 4.8%. This adjustment follows AEP's Q2 earnings report, which showed revenue beating estimates but EPS missing the consensus. Despite the price target cut, analysts still hold a "Moderate Buy" consensus rating for AEP, driven by anticipated electricity demand growth from data centers and AI infrastructure, and the company's raised 2026 operating EPS guidance.