B of A Securities Maintains Underperform on FirstEnergy, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Julien Dumoulin-Smith maintains an Underperform rating on FirstEnergy (NYSE:FE) but raises the price target from $42 to $43.
August 29, 2024 | 4:00 pm
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B of A Securities maintains an Underperform rating on FirstEnergy but raises the price target from $42 to $43, indicating a slight positive adjustment in valuation.
The Underperform rating suggests a negative outlook, but the slight increase in the price target from $42 to $43 indicates a marginally improved valuation. This mixed signal is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100