Argus Research upgrades AES Corp to 'buy'

Argus Research raises rating of U.S. utility AES Corp AES.N to "buy" from "hold"
Brokerage says that company aims to lead in new energy technologies like green hydrogen and stands to benefit from the global shift to sustainable power

Brokerage expects gains in renewables segment core profit into 2026 as AES works toward tripling its portfolio by 2027 with plans to add 25 to 30 GW of solar, wind, and storage

8 of 15 brokerages rate the stock "buy" or higher, 6 "hold" and 1 "sell" , median PT is $15.5 - data complied by LSEG

Up to last close, shares up 8.2% YTD