Why AES Stock Is Soaring Today
The AES Corporation (NYSE: AES) stock surged Wednesday morning on reports a unit of private equity powerhouse (NYSE: BLK) intends to acquire the electricity utility -- and pay $38 billion for the privilege.
AES stock rose 13.7% through 9:50 a.m. ET on the news, and BlackRock stock fell 1.5%.
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Source Fool.com
AES Corporation Stock
€12.14
-0.830%
With 15 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 13 € there is a slightly positive potential of 7.12% for AES Corporation compared to the current price of 12.14 €.
