Morgan Stanley Maintains Overweight on FirstEnergy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd has maintained an Overweight rating on FirstEnergy (NYSE:FE) and raised the price target from $45 to $46.
July 21, 2023 | 2:25 pm
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Morgan Stanley has maintained an Overweight rating on FirstEnergy and raised the price target from $45 to $46, which could positively impact the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. In this case, Morgan Stanley's decision to maintain an Overweight rating on FirstEnergy and raise the price target could lead to increased investor confidence and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100