FirstEnergy downgraded at Wolfe

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 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 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.
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 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.
bovnews3h
Why Did FirstEnergy Corp (FE) Stock See -10.71% Plunge in the Last 90 Days?
On Thursday, FirstEnergy Corp (FE) stock saw a decline, ending the day at $39.02 which represents a decrease of $-0.40 or -1.01% from the prior close of $39.42. The stock opened at $39.14 and touched ...
FirstEnergy executives charged in bribery case on U.S. attorney’s final days in office
In his last days in office, U.S. Attorney Ken Parker brings charges against Chuck Jones and Mike Dowling in Ohio's largest ...
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 ...
Former utility executives are indicted in an Ohio bribery scheme
A former CEO and one of his top executives at an Ohio energy company have been indicted on federal racketeering charges.
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 ...
Crain's Cleveland Business7d
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 ...
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 ...
bovnews7d
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 ...