Morgan Stanley Maintains Overweight on FirstEnergy, Raises Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Byrd maintains an Overweight rating on FirstEnergy and raises the price target from $45 to $48.
August 23, 2024 | 4:30 pm
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Morgan Stanley's analyst Stephen Byrd has reaffirmed an Overweight rating on FirstEnergy and increased the price target from $45 to $48, indicating a positive outlook.
The reaffirmation of an Overweight rating and the increase in price target by a reputable analyst from Morgan Stanley suggests a positive sentiment towards FirstEnergy's stock, likely leading to a short-term price increase.
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IMPORTANCE 80
RELEVANCE 100