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Fly News Breaks for January 25, 2018
FE
Jan 25, 2018 | 08:45 EDT
Morgan Stanley analyst Stephen Byrd believes many investors may be underestimating FirstEnergy's earnings power potential. He "conservatively" models $2.25 in EPS in 2020, which is above buy side expectations for around $2.20 or below, and sees several areas of likely upside to his estimates, he tells investors. Byrd keeps an Overweight rating and $37 price target on FirstEnergy shares.
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