Barclays Maintains Equal-Weight on FirstEnergy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Eric Beaumont maintains an Equal-Weight rating on FirstEnergy (NYSE:FE) and raises the price target from $40 to $46.
October 08, 2024 | 5:23 pm
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Barclays has maintained its Equal-Weight rating on FirstEnergy and increased the price target from $40 to $46, indicating a positive outlook.
The increase in price target from $40 to $46 by Barclays suggests a positive outlook for FirstEnergy, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100