# KeyBanc Upgrades American Electric Power to Overweight at $133 Target

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/31432
Published: 2026-10-13T18:42:22.000Z
Updated: 2026-10-13T18:42:22.000Z
Section: Investing

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

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.