BofA lowered the firm’s price target on FirstEnergy (FE) to $44 from $45 and keeps a Neutral rating on the shares. The firm updated EPS estimates and mark-to-market for the group in a preview for several of the names it covers in U.S. Power and Utilities.
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Read More on FE:
- FirstEnergy price target lowered to $46 from $47 at KeyBanc
- FirstEnergy price target raised to $44 from $41 at UBS
- FirstEnergy Updates Incentive Program Metrics to Core EPS
- FirstEnergy price target lowered to $47 from $48 at Morgan Stanley
- FirstEnergy Completes $2.5 Billion Convertible Note Offering