Susquehanna downgraded AES Corp. to Neutral from Positive with a price target of $15, down from $16. The firm is updating estimates and price targets before Q1 earnings for its alternative energy names, stating in a preview for the group that growing demand for power is the main driver for the segment, while companies continue to navigate a number of headwinds, including the elimination of the 25D residential tax credit, tightened FEOC rules, permitting restrictions, and tariffs.
