Citi Upgrades FirstEnergy Corp. (FE) to Neutral
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Jefferies Cuts Price Target as FirstEnergy (FE) Settles PA Case
October 18, 2016 8:34 AM EDTJefferies maintained a Hold rating on FirstEnergy Corp. (NYSE: FE), and cut the price target to $34.00 (from $36.00), following the company's announced settlement with interveners in its four distribution rate cases in Pennsylvania. FE was requesting a $439M rate increase and has settled on a revenue... More