Goldman Sachs Initiates Coverage On FirstEnergy with Buy Rating, Announces Price Target of $45
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Carly Davenport has initiated coverage on FirstEnergy (NYSE:FE) with a Buy rating and set a price target of $45. This new coverage could influence investor sentiment and potentially impact FirstEnergy's stock price in the short term.

April 10, 2024 | 9:54 am
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Goldman Sachs initiated coverage on FirstEnergy with a Buy rating and a price target of $45, indicating a positive outlook on the stock.
Analyst ratings, especially from prominent firms like Goldman Sachs, can significantly influence investor sentiment and stock prices. A Buy rating coupled with a price target that suggests upside potential is likely to be viewed positively by the market, potentially leading to a short-term increase in FirstEnergy's stock price.
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