FirstEnergy downgraded at Wolfe

Wolfe Research Downgrades FirstEnergy (FE)
Fintel reports that on January 23, 2025, Wolfe Research downgraded their outlook for FirstEnergy (NYSE:FE) from Outperform to Peer Perform. Analyst Price Forecast Suggests 23.77% Upside As of December 23,
FirstEnergy downgraded at Wolfe as old concerns resurface
FirstEnergy downgraded by Wolfe Research, seeing concerns on low-quality pension and coal earnings resurfacing, while the Ohio rate case remains an overhang.
FirstEnergy downgraded to Peer Perform from Outperform at Wolfe Research
Wolfe Research downgraded FirstEnergy (FE) to Peer Perform from Outperform with a $38-$43 fair value estimate. The firm sees concerns on
FirstEnergy Stock Slips After Wolfe Downgrade, But Retail Remains Optimistic
FirstEnergy Corp.’s (FE) stock dipped over 1% in early morning trade on Thursday after Wolfe Research downgraded the shares to ‘Peer Perform’ from ‘Outperform,’ citing concerns about the utility’s "low-quality" earnings from pensions and coal operations.
FirstEnergy stock rating cut to Peerperform at Wolfe Research
The analyst noted that while the transition away from low-quality earnings is generally a positive move, it is concerning if FirstEnergy cannot identify adequate compensatory measures. This issue is particularly pronounced as most of the sector seems set to experience an upward trend in earnings outlooks,
FirstEnergy Corp. stock underperforms Thursday when compared to competitors
This was the stock's second consecutive day of losses.
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FirstEnergy Corp. stock outperforms competitors despite losses on the day
Shares of FirstEnergy Corp. FE slipped 2.14% to $39.42 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.61% to 6,086.37 and ...
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Feds charge two former FirstEnergy execs in connection with HB6 scandal
Charles Jones, former FirstEnergy Corp. president and CEO, and Michael Dowling, the Akron-based company's former senior vice ...
Former FirstEnergy Executives Face Federal RICO Charges (1)
Two former FirstEnergy Corp. executives, including its former CEO, face a new federal indictment in a sprawling corruption ...
Brookstone Capital Management Sells 486 Shares of FirstEnergy Corp. (NYSE:FE)
Brookstone Capital Management trimmed its position in FirstEnergy Corp. (NYSE:FE – Free Report) by 6.3% in the fourth quarter ...
FirstEnergy Electric Companies Offer Tips to Stay Safe and Save Energy During Extreme Cold
As frigid weather grips the region, FirstEnergy Corp. (NYSE: FE) electric companies remind customers of steps they can take ...
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FirstEnergy Corp (FE) Stock Sees Market Value Hit $23.10 billion: What Are the Implications?
FirstEnergy Corp (FE) stock saw a modest uptick, ending the day at $40.08 which represents a slight increase of $0.86 or 2.19% from the prior close of $39.22. The stock opened at $39.15 and touched a ...