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Aes stock price forecast recent momentum in the utility sector
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Recent momentum in the utility sector reflects defensive investor positioning amid interest rate uncertainty. Trading volume has remained stable, suggesting institutional confidence. Several research firms, including Goldman Sachs and Morgan Stanley, have raised their price targets on BlackRock, citing the company's strong execution and ability to consistently deliver value to clients. Morgan Stanley, for example, revised its target upward to $1,250 following robust quarterly results. Dropping from 29$ levels in year 2022 and now its near bottom and ready for reversal. Stock has a good dividend yield of 6% and can return 50% in next 2-3 years. With the given dividend yield and technicals , it offers good risk to reward ratio. Its trying to form reversal candle, lets see Target 1 Short-term AES stock price forecast charts identify sideways consolidation between $22.10–$23.40, building a base for potential Q4 breakout. Utility investors often see such consolidation as healthy before a trend continuation.