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Fly News Breaks for October 18, 2016
FE
Oct 18, 2016 | 05:53 EDT
Citi analyst Praful Mehta upgraded FirstEnergy to Neutral saying the $291M rate increase settlement in Pennsylvania helps limit the downside. The analyst believes the risks are now better reflected in the shares. He upped his price target for FirstEnergy to $31 from $29.
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