Morgan Stanley Maintains Overweight on FirstEnergy, Raises Price Target to $44
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 $43 to $44.
September 21, 2023 | 12:56 pm
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Morgan Stanley has maintained an Overweight rating on FirstEnergy and raised the price target from $43 to $44.
The raised price target by Morgan Stanley indicates a positive outlook for FirstEnergy. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100