FirstEnergy (FE) Tops Q3 EPS by 10c

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FirstEnergy (FE) Timeline for Ohio ESP now Points Towards early 2016; UBS Cuts Price Target to $32

November 2, 2015 10:50 AM EST

UBS maintained a Neutral rating on FirstEnergy Corp. (NYSE: FE), and cut the price target to $32.00 (from $33.00), as the timeline of the Ohio ESP is now pointing towards early 2016. The long awaited Analyst Day continues to hinge upon the timeline of the Ohio ESP... More

FirstEnergy (FE) PT Lowered to $35 at Jefferies Post Q3

November 2, 2015 7:21 AM EST

Jefferies analyst Anthony Crowdell cut his price target on FirstEnergy Corp. (NYSE: FE) to $35.00 (from $39.00) but maintained a Buy rating.

Crowdell commented, "FE reported 3Q15 EPS of $0.98 which beat Street and Jefferies expectations. Results were driven by strong performance at all three of the company's... More