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
€12.74
-0.820%
AES Corporation is currently one of the favorites of our community with 7 Buy predictions and no Sell predictions.
As a result the target price of 14 € shows a slightly positive potential of 9.93% compared to the current price of 12.74 € for AES Corporation.
