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Fly News Breaks for April 30, 2018
FE
Apr 30, 2018 | 05:07 EDT
Wells Fargo analyst Neil Kalton upgraded FirstEnergy to Outperform and raised his price target for the shares to $41 from $38. The analyst believes the company's valuation discount to peers is "excessive."
News For FE From the Last 2 Days
FE
Apr 23, 2024 | 09:29 EDT
BofA raised the firm's price target on FirstEnergy to $35 from $30 and keeps an Underperform rating on the shares. The firm, which is adjusting its 2024 through 2026 EPS estimates to $2.67, $2.86 and $3.00, respectively, still sees the need for further pension de-risking and deleveraging for FirstEnergy's discount to dissipate.
