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
€13.84
1.800%
We see a rather positive sentiment for AES Corporation with 12 Buy predictions and 1 Sell predictions.
However, we have a potential of -6.06% for AES Corporation as the target price of 13 € is below the current price of 13.84 €.
