Scotiabank Maintains Sector Perform on FirstEnergy, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andrew Weisel maintains a Sector Perform rating on FirstEnergy (NYSE:FE) and raises the price target from $40 to $45.
August 20, 2024 | 1:42 pm
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Scotiabank has maintained its Sector Perform rating on FirstEnergy and increased the price target from $40 to $45, indicating a positive outlook.
The increase in price target from $40 to $45 by Scotiabank suggests a positive outlook for FirstEnergy, which could lead to a short-term increase in stock price. The maintained Sector Perform rating indicates steady performance expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100