Morgan Stanley Maintains Overweight on FirstEnergy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst David Arcaro maintains an Overweight rating on FirstEnergy (NYSE:FE) and raises the price target from $48 to $51.
September 25, 2024 | 4:07 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on FirstEnergy and increased the price target from $48 to $51, indicating a positive outlook.
The increase in price target from $48 to $51 by Morgan Stanley suggests a positive outlook for FirstEnergy, likely boosting investor confidence and potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100