Information Provided By:
Fly News Breaks for February 28, 2017
AES
Feb 28, 2017 | 07:35 EDT
SunTrust analyst Ali Agha says that the 7% decline in AES' stock "was a significant overreaction to lower than expected 2017 guidance." The analyst says that the guidance miss was caused by one-time factors, and he thinks that the stock's valuation is attractive. Agha says that the shares have reached an attractive entry point, and he keeps a Buy rating on the shares.