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AEP's Vast Data Center Opportunities Drive Industry-Leading Growth
American Electric Power (AEP) is poised for industry-leading growth, driven by significant data center opportunities. The company’s capital investment plan focuses on regulated investments, supporting management’s aggressive 7% to 9% earnings growth target from 2026-2030, which Morningstar analysts deem achievable at the high end. This outlook is bolstered by continued strong management execution and positive developments in the PJM market.