KeyBanc Upgrades American Electric Power to Overweight at $133 Target

Enna Lee

1 min read

KeyBanc Upgrades American Electric Power to Overweight at $133 Target

The bank cited potential capital-plan and earnings growth tied to American Electric Power’s Piketon transmission investment.

By Enna Lee

Published Oct 13, 2026, 2:42 PM EDT

Steel transmission towers crossing a rural landscape at dawn / TokenPost.ai (macro)

American Electric Power rose 1.2% Tuesday after KeyBanc upgraded the utility to Overweight from Sector Weight and set a $133 price target.

KeyBanc expects a constructive third-quarter update from American Electric Power, with potential upside to its capital plan and earnings growth tied to the company’s Piketon transmission investment.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.