Wells Fargo analyst Shahriar Pourreza initiated coverage of FirstEnergy (FE) with an Overweight rating and $54 price target The firm is constructive on the shares, saying FirstEnergy has been an “out-of-favor wires trade” in 2025. The company has “top tier” earnings growth of 6-8% and continues to execute “on all fronts,” the analyst tells investors in a research note.
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