FirstEnergy (FE) Declares $0.36 Quarterly Dividend; 4.3% Yield

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FirstEnergy (FE) PT Trimmed, Estimates Bumped at Jefferies

July 21, 2015 8:45 AM EDT

Jefferies analyst Anthony Crowdell lowered his price target on Buy-rated FirstEnergy Corp. (NYSE: FE) to $41.50 (from $44.00) while increasing Q2 EPS by a nickle.

Crowdell commented, "We are increasing our 2Q15 EPS estimate by $0.05 to $0.50 mainly due to the expected improvement in... More