JP Morgan Maintains Neutral on FirstEnergy, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeremy Tonet maintains a Neutral rating on FirstEnergy (NYSE:FE) and raises the price target from $45 to $46.

October 18, 2024 | 3:10 pm
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NEUTRAL IMPACT
JP Morgan has maintained its Neutral rating on FirstEnergy but raised the price target slightly from $45 to $46, indicating a modestly positive outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term price movement, but the slight increase in the price target indicates a modestly positive outlook. This could lead to a stable or slightly positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100