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
€12.30
0.420%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 12 € is below the current price of 12.3 € for AES Corporation, so the potential is actually -2.44%.
