Jefferies Cuts PT on FirstEnergy (FE) to $42
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Price: $48.43 --0%
Rating Summary:
16 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 20 | New: 6
Rating Summary:
16 Buy, 12 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 20 | New: 6
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Jefferies lowered its price target on FirstEnergy Corp. (NYSE: FE) from $46 to $42 while maintain a Hold rating.
"We are increasing our 4Q11 and full year 2011 EPS estimates by $0.05 to $0.70 and $3.40, respectively, and reducing our out year estimates due to lower power prices."
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 $41.14 yesterday.
"We are increasing our 4Q11 and full year 2011 EPS estimates by $0.05 to $0.70 and $3.40, respectively, and reducing our out year estimates due to lower power prices."
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 $41.14 yesterday.
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