Barclays Maintains Equal-Weight on FirstEnergy, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont has maintained an Equal-Weight rating on FirstEnergy (NYSE:FE) and lowered the price target from $37 to $35.
October 10, 2023 | 1:56 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on FirstEnergy and lowered the price target from $37 to $35.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on FirstEnergy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100