Jefferies Initiates Coverage On FirstEnergy with Hold Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on FirstEnergy with a Hold rating and set a price target of $46.
October 14, 2024 | 12:48 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on FirstEnergy with a Hold rating and a price target of $46, indicating a neutral outlook.
The Hold rating suggests that Jefferies does not expect significant short-term price movement for FirstEnergy. The price target of $46 provides a benchmark for investors, but the neutral rating indicates no strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100