Morgan Stanley Maintains Overweight on FirstEnergy, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on FirstEnergy (NYSE:FE) and lowers the price target from $46 to $45.
June 23, 2023 | 1:57 pm
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Morgan Stanley maintains an Overweight rating on FirstEnergy and lowers the price target from $46 to $45.
Morgan Stanley's lowered price target on FirstEnergy may cause some short-term uncertainty, but the Overweight rating indicates a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100