JPMorgan raised the firm’s price target on FirstEnergy (FE) to $55 from $50 and keeps a Neutral rating on the shares. The firm updated models in the North American utilities group.
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Read More on FE:
- FirstEnergy price target raised to $52 from $49 at BofA
- FirstEnergy price target raised to $53 from $50 at Morgan Stanley
- FirstEnergy price target raised to $56 from $55 at Scotiabank
- FirstEnergy price target raised to $51 from $47 at Mizuho
- FirstEnergy Faces Rising Political Risk as PJM Capacity Auctions Threaten Higher Customer Bills and Grid Investment Recovery
