Mizuho raised the firm’s price target on FirstEnergy (FE) to $43 from $41 and keeps a Neutral rating on the shares following the “strong” Q1 report. The firm continues to believe the Ohio rate case will go the fully litigated track.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FE:
- FirstEnergy Corp’s Earnings Call Highlights Strategic Growth
- FirstEnergy price target raised to $46 from $44 at Scotiabank
- FirstEnergy price target raised to $44 from $41 at Wells Fargo
- FirstEnergy Reports Strong First Quarter Earnings Growth
- FirstEnergy says JCP&L infrastructure investment program approved by NJBPU