Goldman Sachs Starts FirstEnergy Corp. (FE) at Neutral
Tweet
Share
E-mailGet Alerts FE Hot Sheet
Price: $45.96 -2.59%
Rating Summary:
16 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
16 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Goldman Sachs initiates coverage on FirstEnergy Corp. (NYSE: FE) with a Neutral and $44 price target, saying 2014 consensus risk offsets underperformance.
The firm's estimates appear largely inline for 2013, but 7% below consensus for
2014. After 2014, earnings power increases given higher capacity pricing in Ohio.
For an analyst ratings summary and ratings history on FirstEnergy Corp. click here. For more ratings news on FirstEnergy Corp. click here.
Shares of FirstEnergy Corp. closed at $45.20 yesterday.
The firm's estimates appear largely inline for 2013, but 7% below consensus for
2014. After 2014, earnings power increases given higher capacity pricing in Ohio.
For an analyst ratings summary and ratings history on FirstEnergy Corp. click here. For more ratings news on FirstEnergy Corp. click here.
Shares of FirstEnergy Corp. closed at $45.20 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- BMO starts chip stocks coverage: Here are its preferred picks
- Bernstein SocGen on Meta Platforms Inc. (META): 'Risk-reward remains attractive'
Create E-mail Alert Related Categories
New CoverageRelated Entities
Goldman Sachs, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
