Barclays Initiates Coverage On FirstEnergy with Equal-Weight Rating, Announces Price Target of $37
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Eric Beaumont has initiated coverage on FirstEnergy (NYSE:FE) with an Equal-Weight rating and a price target of $37.
August 23, 2023 | 9:20 am
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NEUTRAL IMPACT
Barclays has initiated coverage on FirstEnergy with an Equal-Weight rating and a price target of $37.
The initiation of coverage by Barclays with an Equal-Weight rating suggests a neutral outlook for FirstEnergy. The price target of $37 provides a benchmark for investors, but does not necessarily suggest a significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100