FirstEnergy (FE) Misses Q4 EPS by 2c, FY17 EPS Guidance Beats Views

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Go back to FirstEnergy (FE) Misses Q4 EPS by 2c, FY17 EPS Guidance Beats Views

FirstEnergy Corp. (FE) PT Lowered to $32 at Jefferies Following 4Q

February 23, 2017 8:25 AM EST

Jefferies lowered its price target on FirstEnergy Corp. (NYSE: FE) to $32.00 (from $34.50) while maintaining a Hold rating. FE took a 4Q16 impairment charge of $9,218 million related to the write-down of their competitive assets.

Analyst Anthony Crowdell commented, "FE reported in-line quarterly... More