KeyBanc analyst Sophie Karp lowered the firm’s price target on FirstEnergy (FE) to $46 from $47 and keeps an Overweight rating on the shares. The firm says FirstEnergy remains one of the few “value” names it prefers as KeyBanc believes the company trades at an unwarranted discount to its peers.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FE: