Keybanc Maintains Overweight on FirstEnergy, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Sophie Karp has maintained an Overweight rating on FirstEnergy (NYSE:FE) but lowered the price target from $45 to $41.
October 05, 2023 | 11:22 am
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FirstEnergy's price target has been lowered from $45 to $41 by Keybanc, though the Overweight rating is maintained.
The news is directly about FirstEnergy and its price target. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, which could potentially impact the stock's performance in the short term. However, the impact is not necessarily negative as the Overweight rating is still in place.
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IMPORTANCE 80
RELEVANCE 100