Fly News Breaks for February 19, 2020
Feb 19, 2020 | 16:19 EDT
BMO Capital analyst James Thalacker initiated coverage of Ameren with an Outperform rating and $91 price target. The company has emerged as one of the higher quality stories in the utility space, Thalacker tells investors in a research note. The analyst believes Ameren isn't priced like many of its premium mid-western peers and has opportunities in the near term and longer term that could "drive the expansion of its relative multiple."
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