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Citi Increases PT on FirstEnergy Corporation to $46, Maintains Hold (FE)
Monday, May 16, 2011 - 6:19am | 117Citi increased its price target on FirstEnergy Corporation (NYSE: FE) from $41 to $46. At the same time, Citi left its rating unchanged at Hold. In a research report published today, Citi states, "We are increasing our 12 month target price for FE to $46/share from $41/share. The increase in our...
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Wells Fargo Initiates FE Coverage With A Market Perform Rating
Wednesday, January 5, 2011 - 10:00am | 79Wells Fargo is initiating coverage on FirstEnergy Corporation (NYSE: FE) with a Market Perform rating. “Our 12-18 month valuation range of $41-42 is primarily derived from our sum-of-the-parts analysis ($22-23/share Regulated & Parent and $17-20/share Unregulated),” Wells Fargo writes. “Our...
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Credit Suisse Maintains FirstEnergy (FE) Neutral Rating
Thursday, March 18, 2010 - 10:51am | 266Credit Suisse analysts Dan Eggers, Kevin Cole, Yang Y. Song and LinLin Sun maintained their Neutral rating for shares of FirstEnergy Corporation (NYSE: FE), with a price target of $44. The analysts updated their earnings estimates for 2010-2012 earnings to $3.69, $3.83, and $4.05 from $3.59, $3.87...