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HSBC has initiated coverage on Ameren Corporation with a Buy rating and a price target of $119.10.
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The U.S. Department of Energy has selected Ameren Missouri and Ameren Illinois, in partnership with Pitch Aeronautics Inc., to deploy grid-enhancing technologies aimed at increasing transmission capacity and reliability.
RBC Capital has increased its price target for Ameren Corporation from $107 to $115.
A consortium including Ameren has been selected by the Midcontinent Independent System Operator (MISO) to develop a $1.23 billion transmission project in Iowa.